7.3 Discussion: Virtual Study Group

For this discussion, complete the following:

1. Post one challenge you encountered while creating or interpreting a decision tree. Explain what made it difficult and what steps you have taken to address it.
2. Share one win or success storya moment when you successfully used a decision tree to model a situation and determine an optimal solution.
3. Engage with at least two peers by offering suggestions, insights, or alternative approaches to help them improve their decision tree models.

The following are the focuses of discussion for Module 7:

• Building and interpreting decision trees to model complex decisions
• Identifying factors that influence decision-making and incorporating them into your model
• Collaborating with peers to refine your modeling techniques and improve the accuracy of your decision-making process

The following are examples of topics you might discuss:

• How to structure a decision tree to evaluate multiple variables (e.g., demand, costs, competition)
• Challenges in selecting relevant data for decision tree modeling
• Practical applications in aviation, such as determining whether to add a new flight route or assessing operational strategies