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2 December, 09:39

Valerie has decided to purchase her first home. Before she begins looking at houses, she has chosen to review her budget, and has decided on a very specific number that she is comfortable with for her monthly mortgage payment. What kind of analysis has Valerie done? Goal seeking analysis What-if analysis Paired comparison Pros/cons Decision Matrix

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  1. 2 December, 09:44
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    The correct answer is: Goal seeking analysis.

    Explanation:

    Goal seeking analysis refers to an analysis that can particularly determine what is the value of:

    1-Input variable

    that will produce a

    2-Desired output.

    When a goal seeking analysis is done, the individual calculate backwards in order to find the correct input value that will result in a given output.

    In this particular case, Valerie has decided to purchase her first home, she has chose to revier her budget (input value) and has decided on a very specific number (output value) that she is confortable with for her monthly payment.

    The kind of analysis that Valerie has done is: Goal seeking analysis.
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