What is a Decision Tree Algorithm?A decision tree is a tree in which every node is either a leaf node or a decision node. This tree takes an input an object and outputs some decision. All Paths from root node to the leaf node are reached by either using AND or OR or BOTH. The tree is constructed using the regularities of the data. The decision tree is not affected by Automatic Data Preparation.
What is a Decision Tree Algorithm?A decision tree algorithm is a decision support system. It uses a model that is tree-like decisions and their possible consequences which includes - chance event outcomes, resource costs, and utility.
Operations Research is one filed where decision tree algorithms are most commonly used specifically in decision analysis. The helps in identifying a strategy that is likely to reach a goal. It can also be used as descriptive means for calculating conditional probabilities.