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Sensitivity Analysis can be used for all of the following except: a. figuring out potential outcomes if probabilities are different that anticipated. b. figuring out how to best allocate limited resources among alternatives. c. figuring out whether slight differences in anticipated events will affect a decision d. figuring out whether changes in payoff dollars impact a decision
"D"
Answer is :D for Sensitivity Analsysis figure out weather changes in pay off dollors impact a dececion.
D
A and C both are correct.
Sensitivity analysis is a technique to study how different values of a variable can influence an other variable that is dependent on the first variable. In other words S.A. is used to check an outcome's vulnerability to changes in probabilities and changes in estimates. e.g. rate of inflation or inter-bank offer rate.
