_______________ is conducted to test the degree to which the total profit grows or shrinks if one or more of the factors in increased or decreased.

Question

Quizplus · Accepted Answer

Sensitivity analysis is a technique used to analyze how different values of an independent variable can impact a particular dependent variable under a given set of assumptions. In this case, sensitivity analysis is used to test how changes in one or more factors impact the total profit. Change analysis and business analysis are more general terms that do not necessarily imply the specific type of analysis being conducted. Decision analysis is a broader term that includes various techniques used to help make decisions, but it does not specifically refer to the type of analysis being conducted here.

_______________ Is Conducted to Test the Degree to Which the Total