Which of the Following Can Be Obtained with a Tornado

question 7

Multiple Choice

Which of the following can be obtained with a tornado chart?

• A) The absolute change in expected value resulting from the change in each input variable
• B) The percent change in expected value resulting from the change in each input variable
• C) A ranking of the relative sensitivity of expected value to each input variable
• D) None of these options
• E) All of these options

---

Definitions:

Estate Tax

Estate Tax is a tax levied on the net value of the estate of a deceased person before it is distributed to the heirs, applied in certain jurisdictions.

Trust Fund

A trust fund is a legal arrangement in which assets are held by a trustee for the benefit of another party, often used for estate planning or to manage assets for individuals or charities.

Demonstrative Legacy

A bequest in a will that specifies a particular asset or monetary source to fund the gift.

Probate

The legal process of administering a deceased person's estate, including the resolution of any claims and the distribution of assets under a will.