Sensitivity analysis assigns likelihoods (probabilities) to various inputs, thus incorporating uncertainty directly into the output (answer).

Question

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Sensitivity analysis examines how different values of an input variable affect a particular output variable under a given set of assumptions, but it does not assign probabilities to these inputs. Instead, it typically varies inputs systematically to observe the effects on the output.

Sensitivity Analysis Assigns Likelihoods (Probabilities) to Various Inputs, Thus Incorporating