1. Name three predictions (at least one of them needs to be quantitative, e.g., income) you need to make in order to decide what to do once done with BMCC. These might be predictions about the economy, other people's behavior, weather, politics, and your own goals and needs, to mention just a few categories of predictions.
2. For each prediction, explain whether it is to be made under a deterministic or stochastic system. If stochastic, is it under risk or under uncertainty. Explain.
3. Based on what you've learned in this module, how will you make each prediction? How will this prediction help you make decisions?
4. Add an Excel worksheet with a quantitative prediction using the moving average technique. For example, if you're predictingyour income, start with past income, and forecast future income grows as fast or, if you can justify it, faster than the past. (If you're concerned about privacy, you can make up the historical numbers.)