Devices for better decision-making

Tools for better decision-making

Depending on the decision it is possible to consider the weighting of evidence by using a decision tree. The following example illustrates a company trying to determine whether to perform market testing prior to launching a new product. Different branches track the probability of success and estimated payout so the company knows which option will bring in greater revenue.  https://flipsimu.com/2048-coin/   https://flipsimu.com/2048-coin/