Week 7 Lecture 2 Decision Trees Flashcards
1
Q
What is shown in the Circles of a decision tree?
A
The EV of the decision
2
Q
What is shown in the rectangular boxes on a decision tree?
A
Decision points
3
Q
How are decisions made by using a decision tree?
A
By trimming the suboptimal branches
4
Q
When may a decision tree be useful in making decisions?
A
When there are sequential decisions to be made
