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Viewing questions 11-20 out of questions
Questions # 11:

Which statement best describes the goal of Next-Best-Action?

Options:

A.

Ensure that the customer is always given a desirable offer

B.

Balance customer needs with business objectives

C.

Ensure that every customer receives the same action

D.

Provide insight into business processes

Questions # 12:

Configuring an adaptive model involves selecting the potential predictors. How many potential predictors are recommended for an adaptive model?

Options:

A.

At least 100 fields to reach an acceptable level of model performance

B.

All fields that have been predictive in the past

C.

All available uncorrected fields

D.

Up to 100 fields to limit the impact on model speed

Questions # 13:

Evidence an assessment of its viability, the Adaptive Model produces three outputs: Propensity, Performance and what is evidence in the context of an Adaptive Model? Performance and what is evidence in the context of an Adaptive Model?

Options:

A.

The likelihood of a statistically similar behavior

B.

The number of customers who exhibited statistically similar behavior

C.

The number of customers who have responded to the modeled offer

D.

The number of statistical bins used to evaluate the response

Questions # 14:

A strategy designer has created 10 actions in the Sales/Credit Cards group and 10 actions in the Sales/Mortgages group. He would like to import all 10 actions from the Credit Cards group and only two actions from the Mortgage group into one decision strategy. What is the minimum number of Proposition Data components he needs to use in his strategy?

Options:

A.

one

B.

twelve

C.

three

D.

two

Questions # 15:

Pega Decision Management enables organizations to make next-best-action decisions.

To which types of decisions can next-best-action be applied?

Options:

A.

Determining how to optimize the product portfolio to increase market share

B.

Determining why response rates for a campaign in one region are below average

C.

Determining the cause of a customer's problem

D.

Determining which banner to show on a web site to increase click rate

Questions # 16:

As a data scientist, you are asked to create a prediction to optimize the click-through rate of a web banner. What type of prediction do you need to create in Prediction studio?

Options:

A.

Adaptive prediction

B.

Case management

C.

Customer Decision Hub

D.

Text analysis

Questions # 17:

The standardized model operations process (MLOps) lets you replace a low-performing predictive model that drives a prediction with a new one.

Which feature of MLOps lets you monitor the new model in the production environment without affecting the business outcomes?

Options:

A.

Change request

B.

Shadow mode

C.

Historical data capture

D.

Connection to machine learning services

Questions # 18:

You can use various data types in adaptive analytics. Some of these require preprocessing before being used as a potential predictor. Others can be used directly. Which two data types require no preprocessing? (Choose Two)

Options:

A.

Text data such as Twitter messages

B.

Dates with absolute time/date values, such as birthdays

C.

Event stream data, such as recent transactions

D.

Symbolic data with up to 200 distinct values, such as products bought previously

E.

Numeric data such as customer age and income

Questions # 19:

Adaptive model components can output__________

Options:

A.

An option___________

B.

An optimized strategy

C.

The number of customer's eligible for an action

D.

The customer's propensity to accept an action

Questions # 20:

U+ Bank, a retail bank, offers the Standard card, the Rewards card and the Rewards Plus card to its customers. The bank wants to display the banner for the offer that each customer is most likely to click; therefore, their Arbitration uses Propensity from the AI models. If you are debugging the Next-Best-Action decision strategy, which strategy component will show you if the result of the Arbitration is correct?

Options:

A.

Filter

B.

Group By

C.

Set Property

D.

Prioritize

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