Questions on decision tree and the science of probability "Decision Tree" Please responds to the fol

Aug 23rd, 2016
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Questions on decision tree and the science of probability "Decision Tree" Please responds to the following: • Explain the parts of a decision tree. • What are some benefits of using decision trees? • In what ways can decision trees be used for business decisions? Name some real-world examples "The Science of Probability" Please respond to the following: • How does the science of probability affect decisions? Why?

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Questions on decision tree and the science of probability"Decision Tree" Please responds to the following:Explain the parts of a decision tree.What are some benefits of using decision trees?In what ways can decision trees be used for business decisions? Name some realworld examples"The Science of Probability" Please respond to the following:How does the science of probability affect decisions? Why?oExplain the parts of a decision treeThe main parts of a decision tree are; firstly, root node which is the starting point of the tree.This contains the questions or criteria that need to be answered. Secondly, leaf nodes alsocontain questions to be answered. The third part is a branch which are arrows connecting thequestions to the answer.oWhat are some benefits of using decision trees?Some benefits of suing decision trees are; firstly, decisions trees a

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