Question: Decision Trees: If I have the following data, how do I input it into a decision tree to get the below calculations and outcome: Agency
Decision Trees:
If I have the following data, how do I input it into a decision tree to get the below calculations and outcome:
Agency Processing Average Approval Sales
Name Fee Processing Chance Per
Time Month
USA -248,000 5 months 0.8 $1,000,000
EU -300,000 1 month 0.85 $700,000
China -82,000 3 months 0.9 $660,000
Japan -320,000 12 months 0.9 $250,000
India -47,000 5 months 0.95 $470,000
Sales Nets Sales & Sales Minus
Generated Probability Outcome Processing Fee
USA $15,200,000 $14,952,000
EU $13,685,000 $13,385,000
China $12,474,000 $12,392,000
Japan $2,700,000 $2,380,000
India $8,483,500 $8,436,500
The market to enter is based on potential profit generated over a 24 month period. Thank you. Dayle
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