Predictive and prescriptive analytics


Assignment:

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

Q2. Compare 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. 

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.

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Management Information Sys: Predictive and prescriptive analytics
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