Sensitivity Analysis in Practice by Andrea Saltelli

Sensitivity Analysis in Practice by Andrea Saltelli

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Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Andrea Saltelli – Sensitivity Analysis in Practice

Sensitivity analysis should be considered a pre–requisite for statistical model building in any scientific discipline where modelling takes place. For a non–expert, choosing the method of analysis for their model is complex, and depends on a number of factors. This  book guides the non–expert through their problem in order to enable them to choose and apply the most appropriate method. It offers a review of the state–of–the–art in sensitivity analysis, and is suitable for a wide range of practitioners. It is focussed on the use of SIMLAB a widely distributed freely–available sensitivity analysis software package developed by the authors for solving problems in sensitivity analysis of statistical models.

Other key features:

• Provides an accessible overview of the current most widely used methods for sensitivity analysis.
• Opens with a detailed worked example to explain the motivation behind the book.
• Includes a range of examples to help illustrate the concepts discussed.
• Focuses on implementation of the methods in the software SIMLAB – a freely–available sensitivity analysis software package developed by the authors.
• Contains a large number of references to sources for further reading.
• Authored by the leading authorities on sensitivity analysis.

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