Engineering Homework Help

MacMurray College Business Intelligence Questions

 

I’m working on a information technology case study and need support to help me learn.

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 to decision making under assumed uncertainty?

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

5. Investigate via a web search how models and their solutions are used by the US Department of Homelands Security in the “war against terrorism” Also investigate how other governments or government agencies are using models in their missions.