Which of the following techniques uses a hierarchical arrangement of criteria to make predictions?
A)market-basket analysis
B)RFM technique
C)Cooke method
D)decision tree

Question

Quizplus · Accepted Answer

The technique that uses a hierarchical arrangement of criteria to make predictions is a decision tree. It presents a visual representation of a series of decisions and their possible consequences, allowing for the prediction of outcomes based on different scenarios. Market-basket analysis is used to identify patterns in consumer purchasing behavior, RFM technique is used for customer segmentation based on recency, frequency, and monetary value, and Cooke method is used for predicting the risk of violence.

Which of the Following Techniques Uses a Hierarchical Arrangement of Criteria