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Ecision Tree: Balaram Champannavar

A decision tree is a graphical representation that uses branching to illustrate all possible outcomes of a decision. It consists of decision nodes, chance nodes, and end nodes. A decision tree is a decision support tool that uses a tree-like model to represent decisions and their consequences, including costs and benefits. It allows visualization of scenarios and determination of expected values. Decision trees are simple to understand, can provide insights even with little data, and allow addition of new scenarios.
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0% found this document useful (0 votes)
20 views

Ecision Tree: Balaram Champannavar

A decision tree is a graphical representation that uses branching to illustrate all possible outcomes of a decision. It consists of decision nodes, chance nodes, and end nodes. A decision tree is a decision support tool that uses a tree-like model to represent decisions and their consequences, including costs and benefits. It allows visualization of scenarios and determination of expected values. Decision trees are simple to understand, can provide insights even with little data, and allow addition of new scenarios.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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DECISION TREE

Balaram Champannavar
MEANING
“A Decision Tree is a graphical
representation that uses the branching
method to illustrate every possible
outcome of a decision.”

Decision Tree is used to simplify


complex strategic challenges and
evaluate the cost effectiveness of
research and business decision.
A DECISION TREE CONSISTS OF
 Decision nodes-typically represented by Squares.
 Chance nodes-typically represented by Circles.

 End nodes-typically represented by Triangles.


A decision tree is a decision support tool that uses tree-like
graph or model of decisions and their possible
consequences, including chance event outcomes, resource
costs, and utility.

“A decision tree is a flowchart-like structure in which each


internal node represents a “test” on an attribute, each
branch represents the outcome of the test, and each leaf
node represents a class label(decision taken after
computing all attributes”.
ADVANTAGES
 Decision Tree are simple to understand and interpret.
 Have value even with little hard data. Important insights
can be generated based on experts describing a situation
and their preferences of outcomes.
 Allow the addition of new scenarios.

 Helps to determine worst, best and expected values for


different scenarios.
 Use a white box model. If a given result is provided by a
model.
 Can be combined with other decision technique.

 A descriptive means for calculating conditional


probabilities
DISADVANTAGES

 For data including categorical variables with different


numbers of levels, information gain in decision trees is
biased in favor of those attributes with more levels.
 Calculations can get very complex, particularly if many
values are uncertain and/or if many outcomes are linked.
 The process of growing a decision tree is
computationally expensive.
 Some decision tree can only deal with binary-valued
target classes.
THANK YOU

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