1 – How does prescriptive analytics relate to descriptive

and predictive analytics?

2- Explain the differences between static and dynamic

models. How can one evolve into the other?

3 — What is the difference between an optimistic approach 

and a pessimistic approach to decision making under 

assumed uncertainty?

4 — Explain why solving problems under uncertainty sometimes

involves assuming that the problem is to be solved

under conditions of risk.

5 — Investigate via a Web search how models and their

solutions are used by the U.S. Department of Homeland

Security in the “war against terrorism.” Also investigate

how other governments or government agencies are

using models in their missions.