Every business owner must make decisions in the face of uncertainty, and live with the consequences. But decision-making doesn’t have to be done in the dark. Analyzing the outcomes of a few ...

Decision trees are useful for relatively small datasets that have a relatively simple underlying structure, and when the trained model must be easily interpretable, explains Dr. James McCaffrey of ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

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 is to ...

Dr. James McCaffrey from Microsoft Research presents a complete end-to-end demonstration of decision tree regression using the C# language. Unlike most implementations, this one does not use recursion ...

One of the most important components of decision making is process organization. Using a decision tree to choose between different courses of action presents possible outcomes in graphic form, making ...