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    Decision Analysis

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    A quantitative method may be sensitive to changes in the parameters involved in comparing alternatives. A careful analyst conducts a sensitivity analysis to see if the situation's outcome is susceptible to small changes in such parameters (say 5%). Is Decision Analysis susceptible to such a sensitivity analysis and how might it be conducted?

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    https://brainmass.com/math/functional-analysis/decision-analysis-311511

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    Yes, decision analysis is susceptible to such a sensitivity analysis. This is because decision analysis may be considered as a type of quantitative ...

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    The solution goes into a great amount of detail regarding the question being asked. Step by step explanation is provided for each part of the question which makes it very easy to follow along for anyone with just a basic understanding of the concepts. Overall, an excellent response to the question being asked.

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