Question: 8 3 . Sensitivity analysis considers: a ) how sensitive the decision maker is to risk. b ) changes in the number of states of
Sensitivity analysis considers:
ahow sensitive the decision maker is to risk.
bchanges in the number of states of nature.
cchanges in the values of the payoffs.
d
changes in the available alternatives.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
