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A Scoring Model allows you to differentiate between
A Scoring Model allows you to differentiate betweenA . Good, Bad, UnknownB . Good, Better, BestC . Accept, Reject, Maybe LaterD . Good, BadView AnswerAnswer: D Explanation: Reference: https://pegasystems2.https.internapcdn.net/pegasystems2/marketing/C-762StudentGuide.pdf (220)
Whatis the most accurate description of proactive retention?
Whatis the most accurate description of proactive retention?A . Anticipates potential customer churnB . Enables the business to reduce the number of credit risk customersC . Enables business to respond to customers when they contact a call centerD . Simplifies the process of retaining customersView AnswerAnswer: A
When defining outcomes for an Adaptive Model you must define_________________.
When defining outcomes for an Adaptive Model you must define_________________.A . only negative behavior valuesB . positive, negative and neutral behavior valuesC . one or more positive behavior valuesD . behavior values to be ignoredView AnswerAnswer: A
To enable an assessment of its reliability, the Adaptive Model produces three outputs: Propensity. Performance and Evidence.
To enable an assessment of its reliability, the Adaptive Model produces three outputs: Propensity. Performance and Evidence. The performance of an Adaptive Model that has not collected any evidence is_____________________.A . 1-0B . nullC . 0.5D . 0.0View AnswerAnswer: D
The decision components used on the strategy canvas can be individually configured Which function is available when configuring the Group By component?
The decision components used on the strategy canvas can be individually configured Which function is available when configuring the Group By component?A . DivideB . True if SomeC . MultiplyD . AverageView AnswerAnswer: D
You can save a regression model as a______________.
You can save a regression model as a______________.A . Scorecard ruleB . Regression Model ruleC . Decision Tree ruleD . Predictive Model ruleView AnswerAnswer: B
A company uses a Monte Carlo data set containing customer information for testing. They want to extend the data model to include all credit card product usage data. Customers may have multiple cards.
A company uses a Monte Carlo data set containing customer information for testing. They want to extend the data model to include all credit card product usage data. Customers may have multiple cards. To extend the customer data model with the credit card product usage data, you need to______________..A ....
The Prediction Studio portal supports the creation of two distinct types of predictive Scoring models are used to__________________.
The Prediction Studio portal supports the creation of two distinct types of predictive Scoring models are used to__________________.A . score different propositionsB . predict continuous behaviorC . differentiate between good, better and bestD . predict binary behaviorView AnswerAnswer: D
What is the key characteristic that Next-Best-Action must consider to satisfy customer needs?
What is the key characteristic that Next-Best-Action must consider to satisfy customer needs?A . ServiceB . FraudC . MobilityD . RelevancyView AnswerAnswer: A
What is a taxonomy?
A legal firm wants to use text analytics for easier and faster access to information to help with compliance related issues. The legal firm needs a taxonomy of legal concepts. What is a taxonomy?A . A list of valid categoriesB . A sentiment analysis modelC . The output of an...
