Answer:
C. 14.4 kwhr.
Explanation:
To calculate the energy used by appliance first calculate the power. The formulae for calculating power(<em>P</em>) is 
, where V stands for voltage and I stands for current.
In the given problem, V = 240 volts and I = 15 amp. Therefore,
Now, formulae for calculating energy used i.e. work(W) is 
, where <em>t</em> is the time.
In the given question time is 4 hr. Therefore energy used will be,
Energy used (W) = 
.
Answer: (C) Sensitivity analysis
Explanation:
The sensitivity analysis is also known as simulation analysis or "What-if" analysis as, it is basically used for the outcome prediction of the decision making in various range of the given variable.
It is used by making a given arrangement of factors, an investigator can decide that how changing in a single variable influence the final result.
The sensitivity analysis is the process for investigation of how the vulnerability in the yield of a scientific model or framework can be isolated in the system.
Theretofore, Option (C) is correct as all the other options does not involve in the study of variable and also others are not the extension of what-if analysis.
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An example of revolving credit is C
