Sensitivity analysis is useful because:
A)payoffs and probabilities are estimates.
B)most decisions will affect employees.
C)expected payoffs are sensitive to the time value of money.
D)it is the second step in the decision model.
E)with the passage of time, small decisions get bigger.

Question

Quizplus · Accepted Answer

Sensitivity analysis is useful because payoffs and probabilities are estimates, and it helps in understanding how changes in these estimates can affect the outcomes of decisions.

Sensitivity Analysis Is Useful Because