Business Studies, asked by Abdida8516, 9 days ago

How to Draw a decision tree

Answers

Answered by wig11008
0

Answer:

Step 1: Start with Your Big Decision. ...

Step 2: Add Possible Outcomes. ...

Step 3: Draw Triangles to Indicate Final Outcomes. ...

Step 4: Draw in the Branches. ...

Step 5: Add Data or Descriptions to the Branches. ...

Step 6: Calculate or Estimate the Value of Each Final Outcome. ...

Step 7: Make a Decision!

Explanation:

Step 1: Start with Your Big Decision

Draw in a square or rectangle to represent the initial decision you’re making. This is called the root node. Give it a label that describes your challenge or problem.

Step 2: Add Possible Outcomes

Next, you’ll add circles to represent the outcomes that you’re considering. These are called leaf nodes and the circle indicates that there’s a chance of these outcomes happening. Your main decision should be to the left of the drawing, with outcomes branching out to the right.

Step 3: Draw Triangles to Indicate Final Outcomes

To show your user that they’ve reached an end point in the decision tree, you’ll add a triangle. If you end up applying math or analysis to this tree, this triangle is where you’ll add any risks or values you calculated.

Step 4: Draw in the Branches

Once you’ve laid out your decision and all the leaf nodes showing what could possibly happen, you’ll use the connector tool to draw lines between the decision and those nodes.

Step 5: Add Data or Descriptions to the Branches

In Gliffy, you can add labels and notes to lines simply by clicking on them and starting to type. Depending on the use case for your diagram, these notes could by your estimated probability of this outcome occurring, simple descriptions like “yes” or “no” to help guide users through the decision tree, or the costs associated with the outcome.

Step 6: Calculate or Estimate the Value of Each Final Outcome

Depending on the data you included in the branches of your decision tree, make sure to complete your tree by adding the final expected values, percentage, risk, or estimate at the end of each branch

Step 7: Make a Decision!

With each possible outcome mapped out, you should have a solid understanding of the pros and cons, the data you need to make an informed choice, or a trust-worthy framework you can use again and again.

Answered by hariniarun2050
0

Answer:

Step 1: Start with Your Big Decision. ...

Step 2: Add Possible Outcomes. ...

Step 3: Draw Triangles to Indicate Final Outcomes. ...

Step 4: Draw in the Branches. ...

Step 5: Add Data or Descriptions to the Branches. ...

Step 6: Calculate or Estimate the Value of Each Final Outcome. ...

Step 7: Make a Decision!

Explanation:

Step 1: Start with Your Big Decision

Draw in a square or rectangle to represent the initial decision you’re making. This is called the root node. Give it a label that describes your challenge or problem.

Step 2: Add Possible Outcomes

Next, you’ll add circles to represent the outcomes that you’re considering. These are called leaf nodes and the circle indicates that there’s a chance of these outcomes happening. Your main decision should be to the left of the drawing, with outcomes branching out to the right.

Step 3: Draw Triangles to Indicate Final Outcomes

To show your user that they’ve reached an end point in the decision tree, you’ll add a triangle. If you end up applying math or analysis to this tree, this triangle is where you’ll add any risks or values you calculated.

Step 4: Draw in the Branches

Once you’ve laid out your decision and all the leaf nodes showing what could possibly happen, you’ll use the connector tool to draw lines between the decision and those nodes.

Step 5: Add Data or Descriptions to the Branches

In Gliffy, you can add labels and notes to lines simply by clicking on them and starting to type. Depending on the use case for your diagram, these notes could by your estimated probability of this outcome occurring, simple descriptions like “yes” or “no” to help guide users through the decision tree, or the costs associated with the outcome.

Step 6: Calculate or Estimate the Value of Each Final Outcome

Depending on the data you included in the branches of your decision tree, make sure to complete your tree by adding the final expected values, percentage, risk, or estimate at the end of each branch

Step 7: Make a Decision!

With each possible outcome mapped out, you should have a solid understanding of the pros and cons, the data you need to make an informed choice, or a trust-worthy framework you can use again and again.

Explanation:

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