Graphical sensitivity analysis is used when the payoffs and probabilities of decision alternatives are uncertain.

Name: Graphical sensitivity analysis is used when the payoffs and probabilities of decision alternatives are uncertain.
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Graphical sensitivity analysis is a technique used to evaluate decision alternatives with uncertain payoffs and probabilities. It involves creating a graph to show the impact on the decision outcome of changing the probabilities or payoffs of the alternative options.

Graphical Sensitivity Analysis Is Used When the Payoffs and Probabilities