Master Decision Trees: Construction & Solution Techniques 📊

This brief video explains
*the components of the decision tree
*how to construct a decision tree
*how to solve (fold back) a decision tree.
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Other videos:

Decision Analysis 1: Maximax, Maximin, Minimax Regret
https://youtu.be/NQ-mYn9fPag

Decision Analysis 1.1 (Costs): Maximax, Maximin, Minimax Regret
https://youtu.be/ajkXzvVegBk

Decision Analysis 2.1: Equally Likely (Laplace) and Realism (Hurwicz)
https://www.youtube.com/watch?v=zlblUq9Dd14

Decision Analysis 2: EMV & EVPI - Expected Value & Perfect Information
https://www.youtube.com/watch?v=tbv9E9D2BRQ

Decision Analysis 4: EVSI - Expected Value of Sample Information
https://www.youtube.com/watch?v=FUY07dvaUuE

Decision Analysis 5: Posterior Probability Calculations
https://youtu.be/FpKiHpYnY_I