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

Question

Social Studies

Heidy

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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Answers (1)

Know the Answer?

Jace Mercado · Answer 1

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.