Question: 1. Read the article in the following link: https://www.toolshero.com/decision-making/what-if-analysis/ Q: What is the significance of What-If analysis in business for decision making process? Write with

1. Read the article in the following link:

https://www.toolshero.com/decision-making/what-if-analysis/

Q: What is the significance of What-If analysis in business for decision making process? Write with example.

What are the basic steps of What-If analysis?

2.Read the following statement:

A decision tree is a diagram you use to analyze and track questions that a particular raise. Weighted factors help you compare decision factors fairly.

Q: What are the advantages of using mathematical decision tools such as decision trees and weighted factors? Discuss with example.

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