A decision tree is a machine learning technique that can be used for binary classification or multi-class classification. A binary classification problem is one where the goal is to predict the value ...

A decision tree is a machine learning technique that can be used for binary classification or multi-class classification. A multi-class classification problem is one where the goal is to predict the ...

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 ...

The inherent flaw in this approach is that the outcomes are expressed as expected, i.e., average, values, often based on subjective probabilities. The good news is that with recent advances in data ...

Mike Westervelt, CPA, is chair of the AICPA Accounting and Review Services Committee (ARSC), and he joins this episode of the JofA podcast to discuss the committee’s role in assisting members. Neil ...