Question: How can predictive data mining and simulation help managers understand the most likely outcomes and the potentials for variability is estimates and forecasts? How can

How can predictive data mining and simulation help managers understand the most likely outcomes and the potentials for variability is estimates and forecasts? How can spreadsheet modeling and simulation assist with creating what if scenarios for review? Why might some managers be suspicious of spreadsheet modeling, predictive data mining, and simulation models?

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