Define decision tree, and explain the basic idea of decision trees. For the hypothetical data in Figure
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Define decision tree, and explain the basic idea of decision trees. For the hypothetical data in Figure CE12-3, state the grade you would predict for senior nonbusiness students. State the grade you would predict for junior restaurant employees.
State the grade you would predict for senior business majors.
Explain how a decision tree could be used to identify a desirable market segment for loan refinancing.
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