TB MC Qu. 13-16 Which prescriptive analytics technique...

Which prescriptive analytics technique predicts how changing one input will affect an outcome variable?

Question

TB MC Qu. 13-16 Which prescriptive analytics technique...

Which prescriptive analytics technique predicts how changing one input will affect an outcome variable?

BlackTom AI · Accepted Answer

Question restatement: TB MC Qu. 13-16 asks which prescriptive analytics technique predicts how changing one input will affect an outcome variable, and provides four options to choose from.

Option 1: sensitivity analysis. This option aligns with the concept of assessing how variations in a single input propagate to changes in the output; it explicitly focuses on the impact of input changes on outcomes, which is the core idea of sensitivity analysis.

Option 2: cash-flow analysis. While important in financial evaluation, cash-flow analysis typically examines the timing and magnitude of cash inflows and outflows, not specifically how a single input changes an outcome variable within a prescriptive analytics framework.

Option 3: marginal analysis. Marginal analysis examines the additional or incremental effect of a small change in one variable, but it is usually framed in economic decision-making contexts rather than as a general prescriptive analytics technique predicting outcome shifts from input changes.

Option 4: goal-seek analysis. Goal-seek (or goal seek) is a method used to determine the input value needed to achieve a desired output target, effectively working backward from a goal; however, it is more about finding an input to hit a target rather than forecasting how a change in one input will affect the outcome across a range, which is what sensitivity analysis emphasizes.

Putting it together, option 1 directly addresses predicting how changing one input will affect an outcome variable, whereas the other options describe related but distinct techniques with different primary purposes.

TB MC Qu. 13-16 Which prescriptive analytics technique... Which prescriptive analytics technique predicts how changing one input will affect an outcome variable?

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