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Explain the descriptive and predictive analytics

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Reference no: EM132677836

Question: Choose any two question (100-300 words).

Discussion 1: How does prescriptive analytics relate to descriptive and predictive analytics?

Discussion 2: Explain the differences between static and dynamic models. How can one evolve into the other?

Discussion 3: Explain why solving problems under uncertainty some-times involves assuming that the problem is to be solved under conditions of risk.

Reference no: EM132677836

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