Question

Advantages and disadvantages of decision tree analysis

Answer 1

A drawback of using decision trees is that the outcomes of decisions, subsequent decisions and payoffs may be based primarily on expectations. ... This can lead to an unrealistic decision tree that could guide you toward a bad decision. Also, unexpected events may alter decisions and change the payoffs in a decision tree.

Answer 2

Answer:

Answer♡

• A drawback of using decision trees is that the outcomes of decisions, subsequent decisions and payoffs may be based primarily on expectations. ... This can lead to an unrealistic decision tree that could guide you toward a bad decision. Also, unexpected events may alter decisions and change the payoffs in a decision tree.