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.

You can use decision trees to guide you in deciding among several alternatives. The decision-tree method allows you to approach the problem in a structured and systematic way to arrive at a logical ...

For example, you might want to predict the sex of a person (male or female) based on their age, state where they live, income and political leaning. There are many other techniques for binary ...

Opinions expressed by Entrepreneur contributors are their own. In our consulting business, we often work with entrepreneurs facing tough decisions as they grow their businesses. Learning how to ...

Dr. James McCaffrey of Microsoft Research says the technique is easy to tune, works well with small datasets and produces highly interpretable predictions, but there are also trade-off cons. The goal ...

The visual data mining process, seen in the first part of this two-part article, revealed patterns in four dimensions between cumulative gas well production and independent variables. "Jump ...