Decision Analysis
This page provides the materials and video tutorials for the decision analysis section of the course. You can increase the quality of the video by clicking on the gear button of the video.
Decision Analysis Video Tutorial 1 (by Thomas Sharkey): Double Dare and Decision Trees
This video was created by Thomas Sharkey. It focuses on deciding whether or not for a team in Double Dare (for those of you who didn't grow up in the early 90's: wiki entry) to pass the question to the other team and, if it is passed back, whether to answer the question or take the physical challenge. It then discusses how to use the decision tree to determine the correct sequence of decisions for this uncertain environment. The problem description is available here: Double Dare.
Decision Analysis Video Tutorial 2 (by Thomas Sharkey): Deciding the Top Pick in a Draft with Decision Trees and Expert Predictions
This video was created by Thomas Sharkey. It focuses on helping a football team determine their top pick in the upcoming draft. We determine whether or not it is worth considering hiring an outside draft expert to evaluate the team’s quarterback prospect (if you are familiar with the team’s draft history of offensive players, the answer is obvious) and then using a decision tree to determine the best course of action for the team. The problem description is available here: The New Jersey Planes' Draft Problem.