Assign a numerical value to each possible outcome on the tree. Use dollar amounts for outcomes. For example, if one outcome would gain the company $100,000, mark "$100,000" next to it. Estimate ...

Begin your decision tree by concisely defining the decision you need to make in a box on the left side of the page. Let's say, for example, the decision was determining the best way to increase ...

Decision trees are constructed by analyzing a set of training examples for which the class labels are known. They are then applied to classify previously unseen examples.