Examlex
Sensory language refers to using precise words that clarify meaning by narrowing what is understood from a general category to a particular item or group within that category.
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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