Question $1$: After carefully reviewing this week's lecture materials, provide a business$-$friendly explanation of how AI$/$Machine Learning is able to $($a$)$ predict $($i$.$e$.,$ How does prediction occur?$)$ and $($b$)$ learn. To form an ideal description for parts $($a$)$ and $($b$),$ imagine you will be presenting your explanation to a class of adult professionals who are interested in learning about technical AI concepts, so structure your response accordingly and feel free to use figures$/$diagrams and examples.