An analysis which combines scenario analysis with sensitivity analysis is called _____ analysis.
A) forecasting
B) scenario
C) sensitivity
D) simulation
E) break-even

Question

Quizplus · Accepted Answer

Simulation analysis combines scenario analysis, which examines how different events may impact outcomes, with sensitivity analysis, which explores how changes in variables may affect outcomes. Simulation analysis models different scenarios with varying inputs to generate a range of outcomes, providing a more comprehensive analysis than either scenario or sensitivity analysis alone.

An Analysis Which Combines Scenario Analysis with Sensitivity Analysis Is