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In decision analysis, a decision tree and the closely related influence diagram are used as a visual and analytical decision support tool, where the expected values (or expected utility) of competing alternatives are calculated. A decision tree consists of three types of nodes: [2] Decision nodes – typically represented by squares
Decision trees used in data mining are of two main types: Classification tree analysis is when the predicted outcome is the class (discrete) to which the data belongs. Regression tree analysis is when the predicted outcome can be considered a real number (e.g. the price of a house, or a patient's length of stay in a hospital).
Decision Tree Model. In computational complexity theory, the decision tree model is the model of computation in which an algorithm can be considered to be a decision tree, i.e. a sequence of queries or tests that are done adaptively, so the outcome of previous tests can influence the tests performed next.
Decision analysis (DA) is the discipline comprising the philosophy, methodology, and professional practice necessary to address important decisions in a formal manner. . Decision analysis includes many procedures, methods, and tools for identifying, clearly representing, and formally assessing important aspects of a decision; for prescribing a recommended course of action by applying the ...
Like other decision trees, CHAID's advantages are that its output is highly visual and easy to interpret. Because it uses multiway splits by default, it needs rather large sample sizes to work effectively, since with small sample sizes the respondent groups can quickly become too small for reliable analysis. [citation needed]
The feature with the optimal split i.e., the highest value of information gain at a node of a decision tree is used as the feature for splitting the node. The concept of information gain function falls under the C4.5 algorithm for generating the decision trees and selecting the optimal split for a decision tree node. [1] Some of its advantages ...
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