Question: Sensitivity analysis is required because payoffs and probabilities are estimates most decision will affect employees expected payoffs are sensitive to the time value of money

Sensitivity analysis is required because
payoffs and probabilities are estimates
most decision will affect employees
expected payoffs are sensitive to the time value of money
it's the second step in the decision model
with the passage of time, small decisions get bigger
Sensitivity analysis is required because payoffs and probabilities are estimates most

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