Scenario Analysis Is Different Than Sensitivity Analysis Because

question 19

Multiple Choice

Scenario analysis is different than sensitivity analysis because:

• A) no economic forecasts are changed.
• B) several variables are changed together.
• C) scenario analysis deals with actual data versus sensitivity analysis which deals with a forecast.
• D) it is short and simple.

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Definitions:

Attitude-Improving Feedback

Feedback given with the intent to positively influence or change someone's attitude or perception towards a particular subject or activity.

External Locus

A belief that one's life events are largely influenced by external forces or the environment rather than by one's own efforts or attributes.

Attitude-Improving Feedback

Constructive criticism or suggestions provided with the intention of positively influencing someone's mindset or behavior.

Self-Absorbed

Preoccupied with one's own feelings, interests, or situations to the extent of overlooking the needs and concerns of others.