Question
Sensitivity Analysis is useful in decision making
because __________.Solution
Sensitivity Analysis is useful in decision making because it tells the user how much critical each input is for the output value. Sensitivity Analysis, also known as "What - If" analysis, is a technique used to determine how changes in variables or inputs impact the outcomes or results of a model or decision. It helps decision-makers understand which variables have the most significant influence on the output or outcome of a decision or project. By assessing the sensitivity of various inputs, decision-makers can make more informed choices and prioritize their efforts based on the variables that have the most significant impact on the results.
In the question below, two sentences with one word in each highlighted in bold. From the options, choose the one that can replace the highlighted words...
Select the correctly spelt word.
Select the INCORRECTLY spelt word.
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIATE....
Select the word which means the same as the group of words given.
Something that cannot be avoided
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statements/s use/s th...
Select the most appropriate synonym of the given word.
Diligent
Select the most appropriate synonym of the given word.
ACCURATE
Directions: In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sente...
- A word has been used in the sentences given below. Identify the statement(s) where the word has been used in a contextually and grammatically correct manne...