Please answer below 4 discussion Questions below (Page No: 505 and 506). and exercise question. I attached the textbook for your reference.Discussion Question–5051. How does prescriptive analytics relate to descriptiveand predictive analytics?2. Explain the differences between static and dynamicmodels. How can one evolve into the other?3. What is the difference between an optimistic approachand a pessimistic approach to decision-making underassumed uncertainty?4. Explain why solving problems under uncertainty sometimesinvolves assuming that the problem is to be solvedunder conditions of risk.exercise question –5061. Explore teradatauniversitynetwork.com, and determinehow models are used in the BI cases and papers.
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