Sensitivity analysis is the study of how the outcome of a decision-making process changes as one or more of the assumptions change.

Name: Sensitivity analysis is the study of how the outcome of a decision-making process changes as one or more of the assumptions change.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Sensitivity analysis examines the impact of varying input assumptions (such as costs, inputs, or other variables) on the outcome of a decision or model, helping to understand how changes in these assumptions affect the results.

Sensitivity Analysis Is the Study of How the Outcome of a Decision-Making