Decision Tree Analysis
- Mur - Lee Murphy
Decision trees are decision-making tools, whereby different outcomes are valued in order to decide the course of action to take. A decision tree for a relatively simple decision should take approximately 30 minutes. More time should be allowed for more complex decisions.
Aim
Decision trees are a way of representing and assessing the possible outcomes of a decision to be made. The aim of this exercise is for individuals to visually represent the different possible outcomes of a decision to be made, and then make a decision by assigning values to the outcomes.
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