Decision Model

Fact

A model that picks the best action from several choices using goals and facts.

In Plain Words

It is like picking a lunch line. You want food fast. You also want the line without the kid sneezing on fries.

It weighs goals, risks, and costs. You meet it in fraud checks, app picks, and self-driving cars.

Related Concepts

• Decision Tree
• Markov Decision Process
• Reinforcement Learning

Decision Tree
A Decision Tree draws the conditions and branches for each choice.

MDP
An MDP describes step-by-step choices in an uncertain world.

RL
RL uses rewards to learn better ways to choose.