How to Create a Decision Tree with Flying Logic
A decision tree is a visual representation of a decision that breaks down the different options, objectives, and outcomes into an easily understood graphic. Watch this video to learn how to make one!
Access the example domain here: https://flyinglogic.discoursehosting....
Flying Logic is used to visualize relationships, plans, processes and structures.
Learn more at http://flyinglogic.com
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CHAPTERS
00:00 – Intro
00:37 – Flying Logic Setup
01:51 – Step 1: Determine the Overarching Decision
02:21 – Step 2: Begin Building Branches
03:58 – Step 3: Expand the Tree Further
04:20 – Step 4: Evaluate Choices and Make Your Decision
05:05 – Step 4.1: Assign Monetary Profits to Outcomes
05:44 – Step 4.2: Assign Probability Values to Uncertain Branches
06:45 – Step 4.3: Calculate Existing Values
08:06 – Step 4.4: Assign Monetary Cost to Options
09:46 – Step 4.5: Evaluate Options and Decide