A method used to determine the degree to which the alteration of an underlying assumption has a material effect on the results obtained from a model is known as:
A) simulation.
B) sensitivity analysis.
C) discriminant validity.
D) None of the above.

Question

Quizplus · Accepted Answer

Sensitivity analysis is the method used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions. This technique is used to predict the outcome of a decision given a certain range of variables.

A Method Used to Determine the Degree to Which the Alteration