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In this study material the example for Sensitivity analysis - CEA and the following were explained.

• Defining terms: variability, heterogeneity, uncertainty

• Sensitivity analysis: “deterministic” and “probabilistic”

• Base case, one-way, two-way, three-way, scenarios

• Influential variables: tornado diagrams

• More advanced methods: probabilistic sensitivity analysis (PSA)

• Probability distributions

• How to choose probability distributions for probabilistic sensitivity analysis

• Example: HIV model

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