decision analysis

decision analysis
a statistical method used for delineating the probabilities of various outcomes by determining the probabilities of each option available at each point where a decision can be made; often graphed as a decision tree to display the array of choices and outcomes as nodes and branches.

Medical dictionary. 2011.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Decision analysis — (DA) is the discipline comprising the philosophy, theory, methodology, and professional practice necessary to address important decisions in a formal manner. Decision analysis includes many procedures, methods, and tools for identifying, clearly… …   Wikipedia

  • Decision Analysis - DA — A systematic, quantitative and visual approach to addressing and evaluating important choices confronted by businesses. Decision analysis utilizes a variety of tools to evaluate all relevant information to aid in the decision making process. A… …   Investment dictionary

  • decision analysis — a method that evaluates the expected outcomes, e.g. average catch, constancy of catch, probability of rebuilding to a given biomass target, etc., of alternative management controls used when there is uncertainty. A decision analysis can also… …   Dictionary of ichthyology

  • Decision analysis cycle — The decision analysis (DA) cycle is the top level procedure for carrying out a decision analysis. The traditional cycle consists of four phases: basis development determinisitic sensitivity analysis probabilistic analysis basis appraisal. The… …   Wikipedia

  • Multi-criteria decision analysis — Multiple criteria decision making or multiple criteria decision analysis is a sub discipline of operations research that explicitly considers multiple criteria in decision making environments. Whether in our daily lives or in professional… …   Wikipedia

  • Multi-Criteria Decision Analysis — (MCDA), or Multi Criteria Decision Making (MCDM), is a discipline aimed at supporting decision makers who are faced with making numerous and conflicting evaluations. MCDA aims at highlighting these conflicts and deriving a way to come to a… …   Wikipedia

  • Decision engineering — framework Decision Engineering is a framework that unifies a number of best practices for organizational decision making. It is based on the recognition that, in many organizations, decision making could be improved if a more structured approach… …   Wikipedia

  • Decision theory — in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to …   Wikipedia

  • Decision-making software — (DMS) is a term integrating decision analysis tools to facilitate a person s decision making process, which results in a choice of a course of action or a variant among several alternatives. DMS belongs to the class of decision support systems… …   Wikipedia

  • DÉCISION — La réflexion moderne sur la question de savoir quel parti prendre lorsqu’on se trouve confronté à un choix difficile a été esquissée pour la première fois par Blaise Pascal, au XVIIe siècle, dans le fameux texte du «pari» sur l’entrée dans la… …   Encyclopédie Universelle

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”