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 ...

Decision trees are a simple but powerful prediction method ... the cost of misclassification if this varies among classes. For example, in classifying cancer cases it may be more costly to ...

With regards to the decision tree, I’m going to up our chances ... With our camping example, there were some simple things we could do. For example, instead of buying the perishable camp food ...

Many scientific problems entail labeling data items with one of a given, finite set of classes based on features of the data items. For example, oncologists classify tumors as different known ...