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This week’s required readings explain the role that analytics plays in the modern business environment. Consider the following questions and respond in a minimum of 175 words:A. Analytics tools fall into three categories: descriptive, predictive, and prescriptive. What are the main differences between these categories? (Refer to LO 1-1).B. Explain how businesses use analytics to convert raw operational data into actionable information. Provide at least one example. (Refer to Mini Case 1.1).C. Knowing and using business statistics gives companies a competitive advantage. Provide an example of statistics used in your business (or another organization you’re familiar with)? (Refer to LO 1-3).D. Consider the above question. How could the organization’s use of data analytics improve its performance?E. What are some of the ethical standards basic rules? Why are these important to you? (Refer to LO 1-4).F. What are some of the logical pitfalls in data collection and the reasoning process? Pick one and discuss your thoughts. (Refer to LO 1-5).G. Ethical issues extend to visual references used in describing data. Review the two charts and identify the deceptive technique used. (Refer to LO 3-10