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Everything has consequences. Part of the skill of making good decisions lies
in anticipating those consequences and estimating the likelihood of their
desirability.
Decision Tree
Analysis is designed specifically to generate consequences
and probabilities. To gain an appreciation for how it works, imagine that
you are President Bush and that you have yet another important decision
lying before you. Opposition to American involvement in Iraq continues
to rise and it's dragging down the prospects of your anointed successor,
John McCain. To avoid handing the Oval Office over to a Democrat, you
have to do something. But what?
Use a decision tree to generate two or three possible choices, two or three
second-level choices that follow from each, and try to find the best way
forward. As The Decider, this should be second nature to you. The Senator
eagerly awaits your plan.
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