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Decision trees
What does SPC stand for?
Can a decision tree be bias?
Decision trees
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Flashcards
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Questions
12
Answers
1
Can a decision tree be bias?
yes
no
2
What does SPC stand for?
Statistical Path Crucial
Statistical Path control
Statistical Process Control
Statistical Pure Control
3
Do decision trees reduce the amount of uncertainty for managers when making decisions
yes
no
4
What does the 'square' component stand for in a decision tree?
starting point
probability
cornered
decision
5
What does the circle stand for in the decision tree?
starting point
decision
probability
outcome
6
Probabilties are not estimates
false
true
7
Do decision trees ensure all outcomes are considered?
yes
no
8
The expected value of an outcome is clauclated by
addition
subtraction
division
multiplying
9
A decision tree does not give a rational view
true
false
10
What is CPA
Critical Path analysis
Correct Path Analysis
Crucial Analysis path
Crucial path analysis
11
What is the combination used for decision trees
statistics and probability
financial and statistics
information and probability
financial and probaility
12
Are external factors a limitiation of decision trees?
yes
no
