Which of the Following Is Not a Type of Quantitative

question 50

Multiple Choice

Which of the following is not a type of quantitative risk analysis?

• A)FMEA
• B)decision tree analysis
• C)Monte Carlo simulation
• D)expert judgment

---

Definitions:

Time Inconsistency

The tendency for people to change their plans about future actions due to a lack of alignment between their short-term desires and long-term goals.

Present Self

The concept of one's current identity or self-perception at the present moment.

Future Self

The concept of envisioning oneself in the future, often used in psychology and financial planning to motivate current actions that benefit one's future.

Precommitments

Actions or commitments made in advance to strategically constrain one's future actions or choices, often used to achieve a desired outcome.