Decision trees are useful modeling tools to help you make decisions. Decision trees offer a structure to organize options and help you understand the possible results of choosing specific options.

Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...

Quality forecasts and evaluations depend upon well-designed project and portfolio models that are based upon clear decision policy, sound professional judgments, and a good decision process. In this ...

In last month’s article, we touched on the importance of probability in our daily lives. We shared brain teasers and non-intuitive facts that highlighted how an understanding of probability can help ...

This is a preview. Log in through your library . Abstract The decision environment in which an independent oil and gas producer operates is extremely complex. In a specific case a decision analytic ...

Decision trees — an approach to predicting whether patients develop resistance to antibiotics and tailored specifically to each institution — can aid clinicians in prescribing the drug or drug ...

The cotton bollworm, Helicoverpa armigera (Hϋbner) is one of the most important pests affecting crop production globally. The data-mining technique, for predicting pest incidence using biotic and ...