In a What-If Analysis the Decision Maker

question 82

Multiple Choice

In a what-if analysis the decision maker

• A) changes the values of the uncertain input variables to see what happens to the performance measure being studied
• B) assumes that all inputs are random variables
• C) assumes that all outputs are deterministic
• D) corrects for underestimated risk

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Definitions:

Responsibility

The state or duty of being accountable for something, especially within the context of professional or personal roles.

Declarative

Pertaining to statements or expressions that make a clear, definitive declaration or announcement.

Conditional

Subject to one or more conditions or requirements being met; not absolute.

Superior

Higher in rank, quality, or importance; above average.