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Backward sensitivity analysis software is used for goal seeking.a.trueb.false

Backward sensitivity analysis software is used for goal seeking.
a.true
b.false

Final answer:Backward sensitivity analysis software is not used for goal seeking, as it focuses on analyzing the impact of parameter changes on model output, hence  the statement is false.Explanation:Software for backward sensitivity analysis is not employed in goal-seeking. In actuality, it is employed to examine how modifications to specific parameters (inputs) affect a model or system's output.Sensitivity analysis involves systematically changing key assumptions, computations, or inputs and examining how the output of a model is affected by these changes.In comparison, goal seeking refers to the process of finding the input values required to achieve a desired output or goal. This process is typically facilitated by goal seeking software tools like optimization algorithms.Therefore, the statement is false....

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