E
Erica Glasman
Member
On chapter 28 (Risk measurement and reporting) it states the following related to Stochastic modelling scope limit: "Carry out a number of runs with a different single stochastic variable, followed by a single deterministic run using all the worst-case scenarios together. This will determine the effect of interactions between the various variables."
Could you please explain why this will "determine the effect of interactions between the variables"?
Could you please explain why this will "determine the effect of interactions between the variables"?