Decision Tree Template In Word
O r notes retrieved may 15 201.
Decision tree template in word. It comprises three basic parts and components. A decision tree template is handy tool which can be used in any manner whether a descriptive way or a predictive way. In either example it is constructed the same way and is always used to visualize all possible decision points and outcomes which can occur. This is a tree shaped representation that has branches and each branch represents a separate scenario along with the results and possible outcomes in the future.
The easiest and commonly used format of a marketing business decision tree templates is the yes or no approach where there are just two outcomes for a given case yes or no. A decision tree diagram is a graphical representation of all the facts scenarios and results as well as the choices that one has. It is also known as most effective decision supporting tool. Such software powered trees provide flexibility and ability to insert decisions and outcomes in the middle much easier than what is possible with ms word.
This is a structured approach that can be easy for even a novice person using it. An alternative approach to using a decision tree template for word is to rely on the various decision tree making software available. These are the root node that symbolizes the decision to be made the branch node that symbolizes the possible interventions and the leaf nodes that symbolize the possible outcomes. Decision trees bear close similarity and combine well with other decision making tools such as pert charts and linear distributions.