Sensitivity Analysis and CEA
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In your own words define what a sensitivity analysis is and discuss why it is a critical step in conducting CEA. Provide examples.
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The solution defines what sensitivity analysis is and discusses why it is a critical step in conducting CEA.
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In your own words define what a sensitivity analysis is and discuss why it is a critical step in conducting CEA. Provide examples.
Sensitivity analysis is a tool used to determine how performance is affected by change based on an assumption of the performance. It is also used to compare a number of scenarios and their likely outcome. ...
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