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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Tennessee Valley Authority
Sensitivity Analysis
A form of analysis that considers the impact of changing one or more inputs or assumptions on the resulting outcome.
Likelihoods
The probabilities or chances of different outcomes occurring.
Probabilities
A statistical measure that quantifies the likelihood of one or more events happening.
Net Present Value
A financial metric used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and the present value of cash outflows over time.
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