What is the difference between the optimistic scenario and, Risk Management

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What is the difference between the optimistic scenario and

Question: 1. What is the difference between the optimistic scenario and the best-case scenario and between the pessimistic scenario and the worst-case scenario?

2. What are the advantages and disadvantages of sensitivity analysis and scenario analysis?

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Risk Management: What is the difference between the optimistic scenario and

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Risk Management: What is the difference between the optimistic scenario and

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