Original Source: Aunalytics
If you’ve been reading our blog regularly, you have noticed that we mention decision trees as a modeling tool and have seen us use a few examples of them to illustrate our points. This month, we’ve decided to go more in depth on decision trees—below is a simplified, yet comprehensive, description of what they are, why we use them, how we build them, and why we love them. (Does that make us the tree-huggers of the digital age? Maybe!)
What is a Decision Tree?