Lecture 3 Flashcards
What is the primary goal of sensitivity analysis?
What is the process to check the sensitivity of parameters in a model?
How can you determine which parameter is most sensitive in a model?
What happens on Slide 5 of the presentation regarding sensitivity?
Why are at least 3 observations per parameter required for calibration?
What is overfitting in the context of modeling?
How does sensitivity analysis differ when initial conditions are unknown?
What is the difference between Local Sensitivity Analysis (Local SA) and Global Sensitivity Analysis (Global SA)?
What is the advantage of Global Sensitivity Analysis (Global SA)?
What is Latin Hypercube Sampling, and how does it relate to Global SA?
What is the main difference between Latin Hypercube Sampling and random sampling?
How does Global SA handle correlation between parameters?
Local vs Global SA
Global SA