Which of the following statements is CORRECT? Group of answer choices The primary advantage of simulation analysis over

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Which of the following statements is CORRECT?
Group of answer choices
The primary advantage of simulation analysis over scenario
analysis is that scenario analysis requires a relatively powerful
computer, coupled with an efficient financial planning software
package, whereas simulation analysis can be done efficiently using
a PC with a spreadsheet program or even with just a calculator.
Sensitivity analysis is a type of risk analysis that considers
both the sensitivity of NPV to changes in key input variables and
the probability of occurrence of these variables' values.
As computer technology advances, simulation analysis becomes
increasingly obsolete and thus less likely to be used as compared
to sensitivity analysis.
In comparing two projects using sensitivity analysis, the one
with the steeper lines would be considered less risky, because a
small error in estimating a variable such as unit sales would
produce only a small error in the project's NPV.
Sensitivity analysis as it is generally employed is incomplete
in that it fails to consider the probability of occurrence of the
key input variables.