Assign a numerical value to each possible outcome on the tree. Use dollar amounts for outcomes. For example, if one outcome would gain the company $100,000, mark "$100,000" next to it.

In addition to mathematics, tree diagrams are used in strategic decision-making, company valuations, or probability calculations. Tree diagrams combine the probabilities, decisions, costs, and ...

Using a decision tree classifier from a machine learning library is often awkward because it usually must be customized and library decision trees have many complex supporting functions, says resident ...

What are the advantages of logistic regression over decision trees? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better ...