Construct a Decision Tree to Help the Credit Union Decide

question 79

Essay

Construct a decision tree to help the credit union decide whether or not to make the loan.Make sure to label all decision and chance nodes and include appropriate costs,payoffs and probabilities.

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Definitions:

Planning

The process of making plans for something, including setting goals, defining steps, and allocating resources to achieve those goals.

Diagnosis

The identification of the nature and cause of a disease or condition through examination of symptoms and often diagnostic tests.

Structure Evaluation

The process of assessing the arrangement, condition, or effectiveness of a physical or organizational structure.

Computer Password

A secret series of characters that enables a user to access a file, computer, or program.