What Is the Analysis Phase in the SDLC

question 46

Multiple Choice

What is the analysis phase in the SDLC?

• A) Involves establishing a high-level plan of the intended project and determining project goals.
• B) Involves analyzing end-user business requirements and refining project goals into defined functions and operations of the intended system.
• C) Involves describing the desired features and operations of the system.
• D) Involves placing the system into production so users can begin to perform actual business operations with the system.

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Definitions:

Utility Function

A mathematical representation that ranks the preferences of an individual consumer for different bundles of goods.

Initial Endowment

The original allocation of resources, including assets and goods, available to an individual or entity at the start of an economic analysis.

Utility Function

A formula that quantifies the happiness or satisfaction a consumer gains from consuming different combinations of goods and services.

Edgeworth Box

A diagram used in microeconomics to show the distribution of resources or goods between two parties and to illustrate potential gains from trade.