Microsoft Excel is one of the most widely used tools, particularly for basic decision tree modeling. Analysts can manually build decision trees using Excel’s built-in functions or use add-ins ...

Using Excel’s Scenario Manager for decision-making This column shows how to quickly project financial possibilities with Excel Scenario Manager.

How to Evaluate a Decision Tree Model. A decision tree can help you make tough choices between different paths and outcomes, but only if you evaluate the model correctly. Decision trees are ...