tree diagram

tree diagram definition - business

tree diagram

A drawing showing all of the possible outcomes from an event, based on subsequent events and decisions that follow those events. A tree diagram begins with one event, which branches into two or more subsequent events, which each branch into multiple events, and so forth. Each event is accompanied by its respective probability.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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