The goal of a machine learning regression problem is to predict a single numeric value. For example, you might want to predict the annual income of a person based on their sex (male or female), age, ...

Decision tree analysis is a method of constructing a decision tree, which is a detailed representation of numerous potential solutions that can be utilized to address a specific problem to choose the ...

Dr. James McCaffrey of Microsoft Research says decision trees are useful for relatively small datasets and when the trained model must be easily interpretable, but often don't work well with large ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...