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:

Desired Behavior

The specific actions or reactions an organization or individual aims to elicit from others through guidance or incentivization.

Primary Reinforcer

A stimulus that satisfies a basic biological need and inherently encourages a particular behavior without prior learning or conditioning.

Money

A medium of exchange in the form of coins and banknotes; used to purchase goods and services.

Reinforcement Deprivation

A condition where the absence of reinforcing stimuli leads to a decrease in the occurrence of a particular behavior.