Decision tree,
Definition of Decision tree:
Type of tree-diagram used in determining the optimum course of action, in situations having several possible alternatives with uncertain outcomes. The resulting chart or diagram (which looks like a cluster of tree branches) displays the structure of a particular decision, and the interrelationships and interplay between different alternatives, decisions, and possible outcomes.
A decision tree is a diagram or chart that people use to determine a course of action or show a statistical probability. It forms the outline of the namesake woody plant, usually upright but sometimes lying on its side. Each branch of the decision tree represents a possible decision, outcome, or reaction. The farthest branches on the tree represent the end results.
Individuals use decision trees to clarify and find an answer to a complex problem. Decision trees are frequently employed in determining a course of action in finance, investing, or business.
A tree diagram used to represent the various stages of a decision-making process, typically with each node representing a decision or question and each branch representing a possible consequence or answer resulting from the previous node.
How to use Decision tree in a sentence?
- The new decision tree was useful in determining our strategy in the bifurcating possibilities that existed in our grand project.
- The man could not decide on the type of truck to buy, so he used a decision tree to highlight the pros and cons prior to making his final decision.
- When the company had to decide which new potential products to invest in, the employees came to the best solution by using a decision tree laying out the alternatives.
- A decision tree is a graphical depiction of a decision and every potential outcome or result of making that decision.
- People use decision trees in a variety of situations, from something personal to more complex business, financial, or investment undertakings.
Meaning of Decision tree & Decision tree Definition
