Back then, decision-making trees were penciled on white paper, with changes written on sticky squares of yellow paper, all shielded by a thick manila folder.

For example, you might want to predict the sex of a person (male or female) based on their age, state where they live, income and political leaning. There are many other techniques for binary ...

Here is a [recently developed] tool for analyzing the choices, risks, objectives, monetary gains, and information needs involved in complex management decisions, like plant investment.

When a big decision must be made by multiple constituencies with different goals, it can often fall victim to challenges from ...

Ryan Michael Murphy explains how creating a system for evaluating service opportunities helped him stop overcommitting.

Data-driven decision-making (DDDM) is the process of using data or facts to inform decisions rather than just relying on intuition, observation or guesswork.