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Uncertainty and variability

Problem: model showing why correctly modeling uncertainty and variability can impact the results of a model. Uncertainty can only b (and sampled) once per iteration, whereas variability should be different for each subject modeled

We randomly sample 100 individuals in a region and 8 have a disease. How many infected individuals are there in areas A-E within the region? n s proportion of infection (uncertain) #NAME? 100 8

areas within a region population in the region Correct uncertainty A 10,000 #NAME? B 5,000 #NAME? C 6,000 #NAME? D 1,000 #NAME? E 9,000 #NAME? Total infected in region next week #NAME?

Duplicating uncertainty #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

Overlay these two cells to see how a simple assumption can have large impact int he results. The SD of the uncertainty calculation is twice as large as for the variability calculation!

This model illustrates a specific risk modeling technique and/or method. The techniques and methods shown within this model may be used freely by anyone.
For any questions or comments, please contact: Dr. Huybert Groenendaal Managing Partner EpiX Analytics huybert@epixanalytics.com p: +1 303 440 8524 THIS MODEL IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS "AS IS" AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT OWNER OR CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. For more @RISK example models and a free @RISK traing too, see http://www.epixanalytics.com/ModelAssist.html.

ertainty and variability

e results of a model. Uncertainty can only be represented odeled

Proportion of infection (varies per area) Alternative #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

o cells to see how on can have large lts. The SD of the lation is twice as he variability

modeling technique methods shown within

se contact:

PYRIGHT HOLDERS AND PRESS OR IMPLIED LIMITED TO, THE IMPLIED AND FITNESS FOR A MED. IN NO EVENT SHALL BUTORS BE LIABLE FOR SPECIAL, EXEMPLARY, OR ING, BUT NOT LIMITED GOODS OR SERVICES; BUSINESS AND ON ANY THEORY OF TRICT LIABILITY, OR TORT WISE) ARISING IN ANY WARE, EVEN IF ADVISED

d a free @RISK traing too, ModelAssist.html.

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