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Mall Shopper Narrative
One hundred shoppers at a local shopping mall were categorized by age and gender as shown in the frequency distribution below. One shopper is selected at random from that group of 100 shoppers.
Age Group
-Refer to Mall Shopper Narrative. If the randomly selected shopper is female, what is the probability that she is 25 to 40 years old?
Decision Tree Analysis
A graphical tool that helps in making decisions by mapping out different courses of action and their possible outcomes.
Decision Alternatives
Choices available to decision-makers in a given decision-making scenario.
Decision Trees
A graphical representation used for decision-making, showing various outcomes from a series of related choices, helping to weigh options and possible consequences.
Decision Tables
A tool used in both computer programming and business decision-making that represents the logic of decision making through a matrix of conditions and the actions to be taken.
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