selecting sensible variables
Posted: Wed Oct 12, 2011 12:40 am
Dear Forum,
i am doing sensitivity test on my model. i change one variable in each simulation. for example, i increase the variable by 10%. from the simulation results, i want to rank the changed variables in terms of their sensitivity to the simulation results. i plan to make a categorization on high, medium and low sensible variables. does anyone can suggest me about what percentage of changing on the simulation results for those three categories? my idea is if i change one variable by 10%, the low sensible variable will make changes on simulation results for about 5%-15%. and, the medium will be 15%-25% and the high one will be more than 25%.
thanks...
i am doing sensitivity test on my model. i change one variable in each simulation. for example, i increase the variable by 10%. from the simulation results, i want to rank the changed variables in terms of their sensitivity to the simulation results. i plan to make a categorization on high, medium and low sensible variables. does anyone can suggest me about what percentage of changing on the simulation results for those three categories? my idea is if i change one variable by 10%, the low sensible variable will make changes on simulation results for about 5%-15%. and, the medium will be 15%-25% and the high one will be more than 25%.
thanks...