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If a 20 and a 40 ohm resistor are wired in parallel to a 20V source, what will be the current in the 40 ohm resistor?
Forecasting Risk
The potential for loss or error in a business's financial or operational forecasts, affecting its planning and decision-making ability.
Sensitivity Analysis
A financial model used to estimate how different values of an independent variable affect a particular dependent variable under a given set of assumptions.
Scenario Analysis
Scenario analysis is a process of analyzing possible future events by considering alternative possible outcomes (scenarios), thereby assessing the impact of various factors on decision outcomes.
Simulation Analysis
A method used in risk management that uses statistical models to predict the outcome of a decision under conditions of uncertainty.
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