Question: Construct a Decision Table with rules based on the 5 data pieces. Include a justification for the rules you have included in the decision table.
Construct a Decision Table with rules based on the 5 data pieces. Include a justification for the rules you have included in the decision table. In Word or Excel form.
- Distance of Merchant from home (in Miles): Distance of the merchant from customer's home address in miles
- Purchase amnt above 75th percentile for customer?True if the purchase amount is above the 75thpercentile purchase amount for the customer
- Atypical Time?True is the transaction happened at an atypical time
- Card Present or Stored?True if the card was presented to the merchant (physically) or, for online merchants, the card was previously stored in the merchant's database and reused for this purchase. A value of false means that the card was not presented to the physical store or was used for the first time with an online merchant.
- Online Merchant?True if the merchant is an online merchant


Start False -False Amnt > 75th True Percentile? Card Present or True Atypical Time? Stored? True False Atypical Time? Card Present or True False Stored? FLAG FOR True POTENTIAL FLAG FOR POTENTIAL Online Merchant? FRAUD: NO False FRAUD: YES Online Merchant? Card Present or Online Merchant? False True True Stored? True True FLAG FOR POTENTIAL FRAUD: False FLAG FOR YES False False POTENTIAL FLAG FOR POTENTIAL FLAG FOR POTENTIAL FRAUD: NO FRAUD: FRAUD: NO Distance from NO Home > 500? FLAG FOR Online Merchant? FLAG FOR POTENTIAL POTENTIAL FRAUD: NO FRAUD: True YES -True False FLAG FOR POTENTIAL False FRAUD: INVESTIGATE FURTHER FLAG FOR POTENTIAL FLAG FOR POTENTIAL FLAG FOR POTENTIAL FRAUD: FRAUD: FRAUD: INVESTIGATE NO YES FURTHERCondition Parameter Rule 1 Rule 2 Rule 3 Rule 4 Rule 5 Condition #1 Legal to act? Y Y Y Y N Condition #2 Increases shareholder value? Y Y N Y Condition #3 Ethical to act? Y N I 1 Condition #4 Ethical not to act? - I Y N Action #1 Action: Implement the decision X X Action #2 Action: Do not implement the decision X X X
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