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A decision tree is a type of diagram used to create a tree-shaped graph that shows different decisions and their consequences. This type of diagram can help someone weigh the pros and cons of certain decisions and predict their outcome. Decision trees are often used by operations research, analysis, or prediction departments in a company.
The decision tree will need to use statistics, research, and analytical techniques in order to arrive at the possible conclusions. Typically, the flow chart will begin with a single problem or question, and be broken down into various solutions using analysis and research. This diagram is typically completed manually on paper, but templates can be used to make decision trees online.
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