In last month’s article, we touched on the importance of probability in our daily lives. We shared brain teasers and non-intuitive facts that highlighted how an understanding of probability can help ...

Decision trees are major components of finance, philosophy, and decision analysis in university classes. Yet, many students ...

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 ...

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 ...

Financial supporters for this research include U.S. Department of Homeland Security, University of Southern California, National Science Foundation. The news correspondents obtained a quote from the ...

The cotton bollworm, Helicoverpa armigera (Hϋbner) is one of the most important pests affecting crop production globally. The data-mining technique, for predicting pest incidence using biotic and ...

A detailed model was developed that integrates projected costs for more than 60 possible treatment outcomes. It incorporates primary, adjuvant, and salvage chemotherapy, primary and postchemotherapy ...