Explain the general process of simulation


Questions:

Please answer the following questions APA format and cite work.

Q1. Compare and contrast predictive analytics and prescriptive analytics. Provide examples in your answer.

Q2. ompare and contrast what-if analysis and goal seeking. Provide examples for each analysis method. How can Excel be used for this analysis?

Q3. In your own words, explain the general process of simulation. What are some disadvantages of simulation? Provide a simulation example in your answer.

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