Description: Sensitivity analysis is a method used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions. This approach is fundamental in mathematical modeling and decision-making, as it allows analysts and researchers to evaluate the robustness of their models and the implications of their results. By conducting a sensitivity analysis, one can identify the most influential variables and understand how changes in these variables can alter the model’s outcomes. This is especially useful in contexts where there is uncertainty or variability in the data. Furthermore, sensitivity analysis can help prioritize efforts in data collection and model improvement, focusing on the variables that have the greatest impact on the results. In summary, sensitivity analysis is a critical tool for model validation and interpretation, enabling a better understanding of the dynamics of complex systems and facilitating informed decision-making.
