Decision Tree

Decision Tree
A decision tree is a diagram that illustrates all possible consequences of different decisions at various stages of decision-making, used primarily in decision analysis and machine learning to visualize decision paths.
Tree Diagram
A tree diagram is a graphic representation of a sequence of events where subsequent decisions depend on the results of previous decisions. Tree diagrams are used to map the possible alternatives and develop strategies for decision making.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.