From this discussion below please write a response back to this with 150 words or more

The very last class that I took here at Point Park University really helped me to understand the Chapters for this week. We got a chance to really use a decision-tree to help get to the bottom of a decision. Laying out the different courses to see potential outcomes in real-time can be extremely beneficial. Even in my current job, I need to see the ultimate end state of the goal of the project. Without having the ultimate achievement of the goal, I struggle with everything that needs to go in it. I have used the decision tree in order to ensure that I am capturing all the intended outcomes and to ensure that I am making the right decision. A decision tree, to me, is a flowchart. I must have flow charts. You have 3 different nodes. A decision node, the decision that is intended to be made. A chance node lists out the variables, the uncertains. Finally, the end nodes. The outcome of the decision. These are all connected by the branches of the tree. Outside of using a decision tree to see an outcome of a project, I will look at how I use a decision tree with finance. I dont do this often, but I will use a decision tree to help when planning on profits and losses. I deal a lot with the SEC Reg SHO 204 and sometimes we are caught with long stock that we must sell. While I am not licensed to sell the stock, I still need to make the decision on the outcome if we do. I am making projections. If we sell stock at A, profit or loss could be this. If we sell at B, profit or loss could be this. This benefits me as I can project somewhat of what type of risk we are looking at and can mitigate that risk as much as possible. From a quick search, it looks like decision trees are quite frequently used for corporates and determining option pricing.