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 ...

Decision trees are a simple but powerful prediction method. Figure 1: A classification decision tree is built by partitioning the predictor variable to reduce class mixing at each split. Figure 2: ...

What are the advantages of logistic regression over decision trees? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand ...

Here is a [recently developed] tool for analyzing the choices, risks, objectives, monetary gains, and information needs involved in complex management decisions, like plant investment. by John F.

Several approaches can be taken to predict case membership in the classes of a dependent variable. Classification and regression trees (CART) analysis has been cited repeatedly as a powerful ...

Balancing water quality standards while facilitating economic growth with uncertain factors in a complex system is challenging for policy makers. This case study analyses the fictional town of Fortuna ...