A decision tree classifier is a machine learning (ML) prediction system that generates rules such as "IF income < 28.0 AND education >= 14.0 THEN politicalParty = 2." Using a decision tree classifier ...

Using a decision tree classifier from a machine learning library is often awkward because it usually must be customized and library decision trees have many complex supporting functions, says resident ...

This phenomenon is known as algorithm aversion, and is often attributed to an inherent mistrust in machines. However, systematically overriding an algorithm may not necessarily stem from algorithm ...

Decision trees are useful modeling tools to help you make decisions. Decision trees offer a structure to organize options and help you understand the possible results of choosing specific options.

Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...