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# Advantages of Decision Trees Decision trees can be applied to much more complicated problems. They have some major advantages: - Constructing the tree diagram may show possible courses of action not previously considered. - They involve placing numerical values on decisions. This tends to improv...

# Advantages of Decision Trees Decision trees can be applied to much more complicated problems. They have some major advantages: - Constructing the tree diagram may show possible courses of action not previously considered. - They involve placing numerical values on decisions. This tends to improve results. - They force management to take account of the risks involved in decisions and help to separate important from unimportant risks. - People can often get a better idea of what is involved in a particular decision if the choices are laid out clearly in a diagram. - They involve placing numerical values on decisions. This tends to improve results. This is because it is far easier to make comparisons between different outcomes if they are presented quantitatively. - They force management to take account of the risks involved in decisions and help to separate important from unimportant risks. For example, outcomes with low probabilities are less likely to happen than those with higher probabilities.