If a project holds an $80$ per cent probability of high demand and a $20$ per cent probability of low demand, then the expected value of the net present value of the two different demand assumptions would give us a weighted average net present value for the project. Such an analysis is called

Question $22$ options:

a$)$

a sensitivity analysis.

b$)$

a scenario analysis.

c$)$

a simulation analysis.

d$)$

none of the above.