Question: Steve is fairly cautious when analyzing a new project and thus he projects the most optimistic, the most realistic, and the most pessimistic outcome that
Steve is fairly cautious when analyzing a new project and thus he projects the most optimistic, the most realistic, and the most pessimistic outcome that can reasonably be expected. Which type of analysis is Steve using?
Simulation testing.
Scenario analysis.
Rationing analysis.
Sensitivity analysis.
Break-even analysis.
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