In which of the following types of analysis, the value of only one variable is changed repeatedly, and the resulting changes on other variables are observed.
A. what if analysis
B. sensitivity analysis
C. Goal seeking analysis
D. None of these
Answer: Option B
Solution(By Examveda Team)
In sensitivity analysis of the following types of analysis, the value of only one variable is changed repeatedly, and the resulting changes on other variables are observed. A sensitivity analysis determines how different values of an independent variable affect a particular dependent variable under a given set of assumptions. In other words, sensitivity analyses study how various sources of uncertainty in a mathematical model contribute to the model's overall uncertainty.This Question Belongs to Management >> Management Information System (MIS)
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