Sensitivity Analysis Information in Computer Output Is Based on the Assumption

question 5

Multiple Choice

Sensitivity analysis information in computer output is based on the assumption that

• A)no coefficient changes.
• B)one coefficient changes.
• C)two coefficients change.
• D)all coefficients change.

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Definitions:

Point Estimate

A single value given as the best guess or estimate representing a population parameter, based on sample data.

Proportion

A part, share, or number considered in comparative relation to a whole; a statistical measure often used to describe a characteristic of a sample.

Variability

The extent to which data points in a statistical distribution or dataset differ from the average or mean value.

Sample Size

The number of observations or data points collected in a sample from a population.