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

Correct Answer: sensitivity analysis

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.
Bissoy MCQ
#Management #Management Information System (MIS)

Related Questions

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