How prescriptive analytics relate to descriptive analytics

Assignment Help Other Subject
Reference no: EM132814850

Discussion: Excel is probably the most popular spreadsheet software for PCs. Why? What can we do with this package that makes it so attractive for modeling efforts?

1. How does prescriptive analytics relate to descriptive and predictive analytics?

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

3. What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed uncertainty?

4. Explain why solving problems under uncertainty sometimes involves assuming that the problem is to be solved under conditions of risk.

Reference no: EM132814850

Questions Cloud

What is the calculations for the issue price of the bonds : What is the amortization table for 2020 only, assuming that amortization is recorded on interest payment dates. What is the Calculations for the issue price
Project management and project portfolio management : Project Portfolio Management. Compare and contrast project management and project portfolio management.
Discuss the best practices for access control : Discuss the best practices for access control for information systems and how implemented by business. All paper are written in APA formatting.
What is the accounting treatment for situation in february : No amount within this range is a better estimate of potential damages than any other amount. What is the accounting treatment for the situation?
How prescriptive analytics relate to descriptive analytics : How does prescriptive analytics relate to descriptive and predictive analytics? Explain the differences between static and dynamic models.
Background and history that led to the conflict : Background and history that led to the conflict. How/why did the conflict escalate?
What is the accounting treatment for the situation : Kowalski's lawyers believe it is probable that Kowalski will be awarded damages of $14,000,000. What is the accounting treatment for the situation?
Identify the standards and describe the framework for each : Organizations' disaster recovery and business continuity plans are considered certified when they satisfy the certification criteria for some published.
Subsidiary plans into project management plan : The Develop Project Management Plan process includes actions necessary to define, integrate, and coordinate all subsidiary plans into a project management plan

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd