A Scoring Model allows you to differentiate between

A Scoring Model allows you to differentiate betweenA . Accept, Reject, Maybe LaterB . Good, BadC . Good, Better, BestD . Good, Bad, UnknownView AnswerAnswer: C Explanation: A scoring model allows you to differentiate between Good, Better, and Best outcomes for a given proposition or action. A scoring model assigns...

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Which value is output by an Adaptive Model?

Which value is output by an Adaptive Model?A . ScoreB . PerformanceC . BehaviorD . LiftView AnswerAnswer: A Explanation: An Adaptive Model outputs a score, which is a quantified estimate of a certain behavior, such as the likelihood of a customer to accept an offer or the likelihood of a...

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What type of a predictor can you use in an adaptive model?

What type of a predictor can you use in an adaptive model?A . SymbolicB . IntegerC . Page TypeD . LogicalView AnswerAnswer: B Explanation: Integer type predictors can be used in an adaptive model, as they represent quantifiable or measurable attributes.

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The outcome of a scoring model indicates the likely

The outcome of a scoring model indicates the likelyA . write-off value of an arrears caseB . claim value of a health insuranceC . period in which a spare part has to be replacedD . response to an offerView AnswerAnswer: D Explanation: The outcome of a scoring model indicates the...

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Predictions combine predictive analytics and best practices in data science. As a data scientist, what is a valid reason to adjust the default response timeout in a prediction?

Predictions combine predictive analytics and best practices in data science. As a data scientist, what is a valid reason to adjust the default response timeout in a prediction?A . Suit the use caseB . Optimize the success rateC . Increase liftD . Limit the number of responsesView AnswerAnswer: A Explanation:...

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To optimize their customer interactions, U+ Bank routes all emails that are complaints to a specialized department. To identify emails that voice a complaint, the text prediction uses___________

To optimize their customer interactions, U+ Bank routes all emails that are complaints to a specialized department. To identify emails that voice a complaint, the text prediction uses___________A . An entity extraction modelB . a topic modelC . a language modelD . a sentiment modelView AnswerAnswer: B Explanation: Topic models...

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Adaptive model components can output__________

Adaptive model components can output__________A . An option___________B . An optimized strategyC . The number of customer's eligible for an actionD . The customer's propensity to accept an actionView AnswerAnswer: D Explanation: Adaptive model components can output the customer’s propensity to accept an action. Propensity is the likelihood of a...

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When implementing Next-Best-Action, the Customer Lifetime Value Threshold is typically used to_________.

When implementing Next-Best-Action, the Customer Lifetime Value Threshold is typically used to_________.A . prioritize high value propositionsB . prioritize customersC . determine if the customer is eligibleD . calculate the customer's lifetime valueView AnswerAnswer: B Explanation: The Customer Lifetime Value Threshold is typically used to prioritize customers based on their...

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U+ Insurance uses Pega Process AI™ to route complex claims to an expert. As a data scientist, you have used the wizard to create a prediction with Case completion as the outcome to help with decision routing. You are tasked with monitoring the adaptive models.

U+ Insurance uses Pega Process AI™ to route complex claims to an expert. As a data scientist, you have used the wizard to create a prediction with Case completion as the outcome to help with decision routing. You are tasked with monitoring the adaptive models. When you open the monitoring...

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What is evidence in the context of an adaptive model?

An adaptive adaptive model component in a decision: propensity, performance, evidence, and positives. What is evidence in the context of an adaptive model?A . The likelihood of a statistically similar behaviorB . The number of customers who exhibited statistically similar behaviorC . The number of statistical bins that arc generated...

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