What Is the Purpose of the Sensitivity Analysis

question 8

Essay

What is the purpose of the sensitivity analysis?

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Definitions:

Proposition

An offered or suggested plan or idea for consideration or action.

Hypothetical Proposition

A statement or proposition that is based on hypothesis rather than fact, typically used to explore potential outcomes.

Consequent

The outcome or result following a condition in a conditional statement in logic.

Standard Form

A recognized format for structuring arguments, mathematical equations, or documents according to established norms.