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Decision trees

Overview

A decision tree is a diagram or chart that helps determine a course of action or show a statistical probability. ... The furthest branches on the tree represent the end results of a certain decision pathway and are called the "leaves".

Steps

  1. Identify Each of Your Options : Before you can make an informed decision, you need to be aware of every possible option

  2. Forecast Potential Outcomes for Each Option : What do you really see happening were you to pursue each of the options ?

  3. Thoroughly Analyze Each Potential Result : Once your decision tree is made, you need to analyze it and determine your best course of action.

  4. Optimize Your Actions Accordingly ; The only thing left to do is to optimize your actions for success. You now know which option is ideal

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