A decision tree is a machine learning technique that can be used for binary classification or multi-class classification. A multi-class classification problem is one where the goal is to predict the ...

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 ...

Probability estimates, such as that 30% chance of a washout in our decision tree example, are typically generated using a chain of cause/effect models/simulations.