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\nUsing Decision Trees for Business Investment Calculations\n

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\nThe video is a lecture on how businesses can use decision trees to make important calculations regarding investment projects. The lecturer explains the concept of decision trees and how they allow businesses to map out all possible...\nThe video is a lecture on how businesses can use decision trees to make important calculations regarding investment projects. The lecturer explains the concept of decision trees and how they allow businesses to map out all possible outcomes and estimate their probabilities and payoffs to make calculations about investment decisions. The video uses an example to explain how to calculate the expected value and Net Outcome of a decision and how businesses can compare different options to make rational decisions. The video also provides a summary of the steps involved in drawing a decision tree and making decisions based on it.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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12:47
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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business, trees, opportunity cost, chance, outcomes, cost, probability
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Additional Tags

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a-level, section, quant, methods, 1.2.3, calculations, using, decision, chance node, decision tree, lecture video, final payoff, key thing, big breakthrough, potential chances, net outcome, chance no2, initial cost, chance events, expected values, average outcome, expected outcome, lower branch, investment decision, decision made, events, made, investment, branch, probabilities, attached, focus
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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