Sensitivity Analysis Involves Constructing a Graph and Then Using Simple

question 36

Multiple Choice

Sensitivity analysis involves constructing a graph and then using simple algebra to determine the range of probability values when there are ______ states of nature.

• A)two
• B)three
• C)four
• D)five

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Definitions:

Moonlight

To work at an additional job, often secretly and at night.

Method

A planned way of doing something involving systematic and orderly steps or techniques to achieve a desired result or solve a problem.

Method of Agreement

A principle in inductive reasoning that if two or more instances of a phenomenon share a single common condition, then the condition is likely to be a cause of the phenomenon.

Necessary Condition

A condition that must be present for an event or situation to occur; without it, the event cannot happen.