1 If you were evaluating whether to build a gas station, what sort of variable(s) might be important to consider in your project analysis? And, would you do a sensitivity or scenario analysis? Pick one and explain why you chose it? 2 What is a Monte Carlo analysis? Hint: You might need to do a quick Google search on this. 3 What is a decision tree, and why would you use one?

Directions: Please write brief (3-5 sentences) responses to each of the above questions. Upload your response