Concept information
Preferred term
basic and probabilistic sensitivity analysis of decision trees
Definition
- Sensitivity analysis is defined as systematically varying one or more parameters in a decision model over a specified range and recalculating the expected utility of the model for each value. There are four reasons to employ sensitivity analysis: 1. [Source: Encyclopedia of Medical Decision Making; Decision Trees: Sensitivity Analysis, Basic and Probabilistic]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/basic_and_probabilistic_sensitivity_analysis_of_decision_trees
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