The Difference Between Sensitivity Analysis and Scenario Analysis Is

question 22

Multiple Choice

The difference between sensitivity analysis and scenario analysis is

• A)sensitivity analysis is a method for evaluating risk while scenario analysis is not.
• B)sensitivity analysis is based on regression analysis while scenario analysis is not.
• C)sensitivity analysis examines the impact on the overall results of a change in one variable while scenario analysis examines the impacts on overall results of changes in several variables at the same time.
• D)None of the above

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Definitions:

High-Voltage System

Refers to electrical systems or components that operate at elevated voltages, often found in electric vehicles and industrial equipment.

Open Circuit

An electrical circuit in which the path for current flow is broken, causing the circuit not to function.

DMM

Stands for Digital Multimeter, an electronic instrument that measures electrical values such as voltage, current, and resistance.

Low-Amperage Circuits

Electrical circuits designed to carry a small amount of electrical current, often for delicate electronic devices or low power applications.