New PrecisionTree version 6 now performs Bayesian revision on your trees with the click of a button. This lets you “flip” one or more chance nodes in a model in order to show probabilities calculated using Bayes’ Rule. This is valuable when the probabilities of a model are not available in a directly useful form. For example, you may need to know the probability of an outcome occurring given the results of a particular test. The test’s accuracy may be known, but the only way to determine the probability you seek is to “reverse” a traditional tree using Bayes Rule. Now in PrecisionTree, this process is easy.
PrecisionTree 6 also provides a range of enhancements that make tree construction and editing much faster and easier. You can append symmetric subtrees with a single click, insert new nodes between existing nodes easily, and copy and paste subtree images into Word, PowerPoint, or other reports.
» Learn more about What’s New in PrecisionTree 6