cashflower icon indicating copy to clipboard operation
cashflower copied to clipboard

Add NUM_STOCHASTIC_SCENARIOS to docs on settings

Open zchmielewska opened this issue 2 years ago • 1 comments

Add NUM_STOCHASTIC_SCENARIOS to:

https://cashflower.acturtle.com/settings.html

zchmielewska avatar Dec 08 '23 18:12 zchmielewska

NUM_STOCHASTIC_SCENARIOS integer :code:None Specifies the number of stochastic scenarios to be simulated in the model. This determines how many different plausible future scenarios will be considered when calculating stochastic variables. Each scenario will produce a different outcome based on variations in the stochastic parameters, and the final result will be an average of these scenarios. NUM_STOCHASTIC_SCENARIOS

The :code:NUM_STOCHASTIC_SCENARIOS setting defines the number of stochastic scenarios the model will compute.

For example, if :code:NUM_STOCHASTIC_SCENARIOS is set to :code:5, the model will generate five different scenarios for each stochastic variable and calculate the average of these scenarios as the final result. This setting allows for capturing the variability in future outcomes by considering multiple plausible scenarios.

By default, :code:NUM_STOCHASTIC_SCENARIOS is set to :code:None, meaning no stochastic variation will be applied unless this setting is increased.

This setting is essential for models involving uncertainty or requiring risk assessments, as it helps to capture a range of potential outcomes and their implications.

zchmielewska avatar Aug 23 '24 11:08 zchmielewska