An approach for assessing risk that uses a number of possible return estimates to obtain a sense of the variability among outcomes is called scenario analysis.

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Scenario analysis is a risk assessment technique that involves analyzing different scenarios or possible outcomes and their associated returns to determine the range of potential outcomes and the likelihood of each scenario occurring. This approach helps to provide a more complete picture of risk and allows decision-makers to evaluate the potential impact of different scenarios on their organization's objectives.

An Approach for Assessing Risk That Uses a Number of Possible