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:

Forgetting Curve

A graphical representation describing the rate at which information is lost over time if there is no attempt to retain it.

Hermann Ebbinghaus

A German psychologist known for his pioneering work in the study of memory, including the forgetting curve and the spacing effect.

Minutes

The written record of what was discussed and decided in a meeting.

Hours

Units of time equivalent to 60 minutes, commonly used to measure the duration of events or the passage of time.