Prescriptive Analytics: Optimization and Simulation - Decision Analysis with Decision Tables and Decision Trees
4 important questions on Prescriptive Analytics: Optimization and Simulation - Decision Analysis with Decision Tables and Decision Trees
What is Decision Analysis?
What is a decision table?
It can be used to model single-goal situations.
What is decision tree?
It is an alternative representation of a the decision table.
It shows the relationships graphically and can handle complex situations in a compact form.
Scenario analysis
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
Describe what it leans to have multiple goals.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding