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

2. Explain how decision trees work. How can a complex problem be solved by using a decision tree? Provide an example of a problem solved by a decision tree.

3. Compare and contrast what-if analysis and goal seeking. Provide examples for each analysis method.

4. In your own words, explain the general process of simulation. Provide a simulation example in your answer.