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decision analysis

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
decision
a choice between a number of possible answers to a question.

decision analysis
a systematic approach to decision making under conditions of imperfect knowledge; a practical application of probability theory. Used to calculate the optimal strategy from among a series of alternative strategies. May be expressed graphically in the form of a decision tree (below).
decision making
making a decision can be done in three principal ways and many variations and mixtures of the methods: (1) rote, the decision is made on the basis of a set of rules and no selectivity is required; (2) intuitive, decisions are made on the basis of cerebrally stored information and reasoning systems which permit a fast response. The increasing complexity of veterinary clinical questions increases the probability of error; (3) decision analysis, a means of solving complicated problems by including all of the factors that could possibly affect the outcome of the analysis in a series of sequential questions. This gives each of the factors an opportunity of affecting the outcome. The chance of error by omission can be eliminated but the process is prolonged.
decision theory
the theoretical basis for decision analysis.
decision tree
a diagrammatic representation of the possible outcomes and events used in decision analysis. The questions to be asked in an analysis of a question are arranged as a series of nodes each with a yes and no branch, creating an arborization effect. The sequential steps proceed with each step depending on the decision made in the preceding step.

decision analysis
Clinical decision analysis Decision making 1. An approach to decision making under conditions of uncertainty, involving modeling of sequences or pathways of multiple possible strategies–eg, of diagnosis and treatment for a particular clinical problem to determine which is optimal; DA is based on available estimates–drawn from the literature or from experts of the probabilities that certain events and outcomes will occur and the values of the outcomes that would result from each strategy. See Decision tree 2. An analysis in which '…a problem is stated, assumptions concerning probabilities and utilities are made, and a conclusion is reached based on the results. If the reader (of the analysis) agrees with the structure, assumptions, and probabilities of the analysis, then he or she must agree with its conclusion.' See Algorithm, Critical pathway.


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The test is divided into five parts: Verbal reasoning - answering written questions, Quantitative reasoning - math/numerical problems, Abstract reasoning - deduce relationships from information by abstract thinking, Decision analysis - deal with different types of information, to deduce relationships to judge and to make an appropriate decision in a possibly ambiguous situation, Non-cognitive analysis - a kind of personality test to see if you will make a good doctor or dentist.
Bryon is an author and expert on psychometrics and training solutions, and he teams analytic and numerical reasoning expert Clayden to develop exam strategies that combine verbal reasoning, decision analysis, quantitative reasoning, abstract reasoning and non-cognitive analysis.
The objective of this study is to identify suitable areas for wind energy generation in the UAE using remote sensing and GIS multi-criteria decision analysis," he said.
 
 
 
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