Home » PMI » PMP v.2 » Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?
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
Correct Answer: D
Explanation/Reference:
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