Discuss Decision Trees, Including How They Can Be Useful and How

question 90

Essay

Discuss decision trees, including how they can be useful and how they can be risky.

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Definitions:

Frequency Distribution

An organized tabulation of the number of instances that each value or category of a variable occurs in a data set.

GMAT Scores

Numerical scores resulting from taking the Graduate Management Admission Test, used by graduate business schools for admissions purposes.

Mean Score

A statistical metric representing the average value of a set of numbers.

Frequency Distribution

A summary of data showing the number (frequency) of observations in each of several non-overlapping categories or bins.