What is the sensitivity equation when F is dependent on both a and b?

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Homework Help Overview

The discussion revolves around the sensitivity equation for a function F that depends on two variables, a and b. The original poster is exploring how to express sensitivity in this context and is seeking clarification on the formulation and definitions involved.

Discussion Character

  • Exploratory, Conceptual clarification, Assumption checking

Approaches and Questions Raised

  • The original poster attempts to derive a sensitivity equation for F when it depends on both a and b, questioning whether it involves a product of sensitivities. Other participants inquire about the meaning of differential notation and the implications of multiple variables on sensitivity.

Discussion Status

Participants are actively engaging with the definitions and implications of sensitivity in the context of multiple variables. Some guidance has been offered regarding the interpretation of sensitivity, but no consensus on the exact formulation has been reached.

Contextual Notes

There is a mention of the need for clarity on the definition of sensitivity and its application to functions of multiple variables. The original poster expresses uncertainty about the simplicity of the equation and its absence in literature.

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1. Function, F is dependent on variable a; and the sensitivity is

[tex]S = \frac{\frac{\delta{F}}{F}}{\frac{\delta{a}}{a}}[/tex]




2. My question is what if F is a function of two variable, a and b? In that case what would be the sensitivity equation? Is it something like:

[tex]S = \frac{\frac{\delta{F}}{F}}{\frac{\delta{a}}{a} \frac{\delta{b}}{b}}[/tex]




3. I am trying to formulate a problem with sensitivity equation and do not know what to do at this point. May be the equation is very simple, therefore could not find in literature. Any help, link would be appreciated.
 
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What does [itex]\delta Fp[/itex] mean? Is that a differential or the slight change in F given a slight change in x? What would it mean if there were two variables? Perhaps you want a measure of sensitivity to change in each variable?
 
Thanks for your reply. Actually the definition of sensitivity states "how the variation in the output of a model can be attributed to different variations in the inputs of the model". I meant to use partial derivative symbol here therefore. Now if function F is only dependent on variable a, the answer is straightforward as given in point 1. But I want to know if function F is dependent on two variables (a,b) then how would it look like.

You can take an example like,

[tex]1. F = \frac{a}{1-a} <br /> 2. F = \frac{a b^2}{(1-a)(1-b)}[/tex]
 
Sorry, could not understand at first reading in full. I went through your message again. What you said is correct. I am trying to measure "the slight change in F given a slight change in x... want a measure of sensitivity to change in each variable".
 

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