What type of analysis is often performed using cost/benefit models?

The correct answer is quantitative analysis, which is often performed using cost/benefit models because it focuses on measuring and comparing the numeric value of costs and benefits associated with a given decision or project. This type of analysis allows for the evaluation of these metrics in a systematic way, providing insights into the financial implications and potential returns on investment.

Cost/benefit models typically involve various numerical data inputs, enabling decision-makers to make informed choices based on the expected outcomes measured in monetary terms. By quantifying both costs and benefits, this analysis facilitates a clearer understanding of the overall economic feasibility and effectiveness of proposed actions or projects.

Other types of analysis, such as qualitative analysis, focuses on non-numeric factors and subjective judgments rather than hard data. Risk analysis, while it may use some aspects of cost/benefit assessment, primarily evaluates the likelihood and impact of adverse events rather than directly comparing costs and benefits. Statistical analysis involves using mathematical techniques to analyze data trends but does not inherently focus on cost/benefit comparisons either. Thus, the emphasis on quantifying and evaluating measurable data makes quantitative analysis the relevant type when utilizing cost/benefit models.