Question

What is meant by scenario analysis or what if analysis?

Answer 1

Hi there

Well, it is a way for a company, individual, or economist, to plug in different scenarios and values to determine a range of possible outcomes. This type of analysis is often done when data is limited and a company wants to make the most informed decision.


Thank You

Answer 2

Answer:

Explanation:

The part of mathematics in which functions and their generalizations are studied by the method of limits. The concept of limit is closely connected with that of an infinitesimal quantity, therefore it could be said that mathematical analysis studies functions and their generalizations by infinitesimal methods.