Scenario Analysis Is Different Than Sensitivity Analysis

question 7

Multiple Choice

Scenario analysis is different than sensitivity analysis:

• A) as no economic forecasts are changed.
• B) as several variables are changed together.
• C) because scenario analysis deals with actual data versus sensitivity analysis which deals with a forecast.
• D) because it is short and simple.

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Definitions:

Networks

Sets of nodes or points connected by relationships or pathways, often used to describe social connections, computer systems, or other interconnected structures.

Social Contacts

Social contacts include the interactions and connections one has with other individuals, forming the basis for social relationships, development, and integration into social networks.

Triadic Transformation

A concept in sociology that describes a process of change within a social system that involves three distinct stages or components.

Georg Simmel

A German sociologist and philosopher known for his work on the theory of individuality and social forms.