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Decision tree

Decision tree

Decision trees are used to determine the consequences and potential outcomes of an investment or a project. This decision tree shows the money lost or gained at each step along multiple potential paths of action. The path that results in the highest financial gain by the end is generally the one that should be chosen.

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    http://upload.wikimedia.org/wikipedia/commons/f/f4/Decision_Tree_Elements.png CC BY-SA.

Related Terms

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  • decision tree
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