Question

THE GREATEST DRAWBACK OF SENSITIVITY GRAPHS IS A. They are valid only over the range of parameter values in the graph B. They show changes in key parameter values in monetary terms C. They do not consider the possible interaction between two or more parameters D. They are based on subjective probabilities only E. They are based on objective probabilities only

Answer 1

C. They do not consider the possible interaction between two or more parameters.

Explanation:

Sensitivity graphs, often used in sensitivity analysis, typically focus on showing how changes in one parameter affect a particular outcome while keeping other parameters constant. They don't account for potential interactions or dependencies between multiple parameters, which can be a significant limitation when dealing with complex systems or models.