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Decision Trees—Which Scenario Is Best?

Lecture no. 19 from the course: Mathematical Decision Making: Predictive Models and Optimization

Decision Trees—Which Scenario Is Best?

Taught by Professor Scott P. Stevens | 31 min | Categories: The Great Courses Plus Online Mathematics Courses

See how decision trees and probability analysis can lead to optimal decisions in situations that seem bewilderingly uncertain. Professor Stevens focuses on a potential public relations disaster faced by executives at Gerber Products and how they used a decision tree to chart a successful strategy.


December 12, 2016