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Sensitivity Analysis in GoldSim

Jason -

This webinar was presented by Jason Lillywhite in March 2014. Below is a brief summary and video recording of the presentation. You can also download materials used during the presentation by clicking on the link(s) at the end of the article.

GoldSim provides the ability to carry out a special type of run to facilitate sensitivity analyses. For this type of run, you specify the result you are interested in, and one or more variables that you want to analyze (which must be Stochastics or Data elements). GoldSim then runs the model multiple times, systematically sampling each variable over a specified range, while holding all of the other variables constant. This then allows GoldSim to produce sensitivity plots (i.e., a tornado chart and X-Y function charts) to assist you in graphically identifying the variables in your model to which the results is most sensitive. This webinar will help you become comfortable performing sensitivity analysis and applying it to your projects.

Download Sensitivity Analysis Webinar Video

 

Download model files used during the presentation:

Tags:

  • sensitivity
  • analysis
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