Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...

After earlier explaining how to compute disorder and split data in his exploration of machine learning decision tree classifiers, resident data scientist Dr. James McCaffrey of Microsoft Research now ...

The two main downsides to decision trees are that they often don't work well with large datasets, and they are highly susceptible to model overfitting. When tackling a binary classification problem, ...

Arthur Pinkasovitch, CFA, has worked 5+ years as a financial analyst. He is an associate director at ATB Financial. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Many scientific problems entail labeling data items with one of a given, finite set of classes based on features of the data items. For example, oncologists classify tumors as different known cancer ...