Question: Question 1: What is the prescriptive analytics and what is its role in business analytics? What are main methods in prescriptive analytics (describe about each

Question 1: What is the prescriptive analytics and what is its role in business analytics? What are main methods in prescriptive analytics (describe about each method with some examples).

Question2: What is the stochastic optimisation? Provide an example of real life considering the stochastic optimisation.

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