Part 1- 250 words with intext citation and one reference in APA format. How Much is Too Much - Analysis Paralysis? Many times the models and forecasts that we create can be improved by adding addition

Part 1- 250 words with intext citation and one reference in APA format.

How Much is Too Much - Analysis Paralysis?

Many times the models and forecasts that we create can be improved by adding additional factors and data that may have an effect. Some might say “the more detailed the model, the more accurate the results.”

Considering this please address the following prompts in your discussion:

1. Do you feel this is the case?
2. At what point should you stop improving the accuracy of a forecast and except the level of accuracy you already have?

Part 2- 250 words with intext citation and one reference in APA format.

Is Removing Human Intervention in Decision-Making a Good Thing?

Some recent decision aided models use artificial intelligence and other programming methods to collate and evaluate huge amounts of information in order to predict a result. The hope is that these calculations take into account more variables than a human would be able to (or want to).

Considering this please address the following prompts in your discussion:

1. Is this a step forward? Why or why not?
2. Think of an example where this approach would be beneficial and then another where it might be detrimental.
3. Support your ideas with examples and/or references.