Explain How Sensitivity Analysis Is Used as Part of Population

question 4

Essay

Explain how sensitivity analysis is used as part of population viability analysis.

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Definitions:

Equitable Distribution

The fair and impartial division of resources or wealth among all members of a society.

Government Role

The responsibilities and activities undertaken by a government, including the creation and enforcement of laws, economic regulation, and public services.

Capital Goods

Physical assets used by businesses to produce goods and services, such as machinery, buildings, and equipment.

Consumer Goods

Products produced for purchase by individuals and households for personal use, such as clothing, food, and electronics.