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Decision-making under Uncertainty and Risk
Decision making touches everything you do. From the moment you wake up, you're making decisions. Everything, from what you should do, to what time you leave for work, requires a decision, however small. And inherent in almost all the decisions you make is an element of risk
To make the best decisions you can, it is important to understand how you approach the decision making process.
Definition of Decision Tree
Decision Tree as main direction in management
Practical performance of Decision Tree and easily understanding decision process.
Investment of Money
The changes in stock market are possible so let’s see another variance of the bank interest:
Good outcomes per year: 7%
Average outcomes per year: 3%
Poor outcomes per year: -10%
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