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BMT 6 - Decision trees

  • BMT
  • BMT 6 - Decision trees

Business Management Toolkit 6 - Decision treesA decision tree is a quantitative and methodical organizational planning tool based on the mathematical concept of probability trees. As a visual tool, it allows managers to see possible options and the probable outcomes, thereby helping them to make more informed decisions.Note to teachers:This topic featured in the previous syllabus (final examinations N23) but was for...

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