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Which of the following is a statistical concept that calculates the average outcome when the...

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Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?

A.

Sensitivity analysis

B.

Three-point estimate

C.

Modeling and simulation

D.

Expected monetary value analysis

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  • Update on: Oct 24, 2025
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TESTED 24 Oct 2025