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NEW QUESTION 13
In a Set Property component, the Rank value is determined by______________.
- A. the default value of the Rank
- B. the data transform
- C. the sequence in which it appears on the canvas
- D. the order in which the actions are received
Answer: A
NEW QUESTION 14
Which decision component allows you to monitor the real-time performance of a third-party Churn Model?
- A. Predictive Model
- B. Scorecard Model
- C. Adaptive Model
- D. PMML Model
Answer: A
NEW QUESTION 15
The implementation of Next-Best-Action must involve
- A. inclusion of third party predictive models
- B. building a product catalog
- C. defining business issue and group hierarchy
- D. defining a prioritization formula using contact policies
Answer: C
NEW QUESTION 16
Many companies already use third-part predictive models and want to reuse these assets in the Pega Decision Management tandscape.
Which decision component allows you to use a third-party Credit Risk Model 80% of the time and a Pega Credit Risk Model 20%?
- A. Switch
- B. Filter
- C. Champion Challenger
- D. Adaptive Model
Answer: D
NEW QUESTION 17
You are the Decisioning Consultant on an Al-powered one-to-one Customer Engagement implementation project. You are asked to design the Next-Best-Action prioritization expression that balances the customer needs with the business objectives.
What factors do you consider in the prioritization expression?
- A. product compatibility rules
- B. business levers
- C. customer contact rules
- D. product eligibility rules
Answer: D
NEW QUESTION 18
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. add a Field
- B. create a Provider
- C. add a Group
- D. merge customer and credit card data
Answer: D
NEW QUESTION 19
In a decision strategy, in order to select the proposition with the highest propensity, you use a
- A. Switch component, and sort propensity from lowest to highest
- B. Priorities component, and sort propensity from lowest to highest
- C. Switch component, and sort propensity from highest to lowest
- D. Priorities component, and sort propensity from highest to lowest
Answer: D
NEW QUESTION 20
From two chum models with the similar performance, we choose the one with the________________.
- A. highest churn rate
- B. most evidence
- C. highest number of predictors
- D. fewest number of predictors
Answer: A
NEW QUESTION 21
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. 0.0
- B. 1-0
- C. 0.5
- D. null
Answer: A
NEW QUESTION 22
Which two factors do you inspect to assess the general health of the adaptive models in Prediction Studio? (Choose Two.)
- A. Model transparency
- B. Performance of the models
- C. Insights
- D. Number of decisions
Answer: A,B
NEW QUESTION 23
An online store is interested in increasing its revenues from cross-selling and wants to predict the acceptance rate of the offers presented on their website.
A customer's propensity to accept an offer increases when___________________. .
- A. the offer was rejected by similar customers
- B. similar offers were rejected by the customer
- C. similar offers were accepted by the customer
- D. the offer was accepted by similar customers
Answer: C
NEW QUESTION 24
When a new component is added to the strategy canvas, its Rank value will be
- A. 0
- B. One higher than the current highest Rank
- C. 1
- D. Not set
Answer: A
NEW QUESTION 25
The Prediction Studio portal supports the creation of two distinct types of predictive Scoring models are used to__________________.
- A. differentiate between good, better and best
- B. predict continuous behavior
- C. predict binary behavior
- D. score different propositions
Answer: C
NEW QUESTION 26
A company wants to simulate decisions that requires large amounts of data. However, the organisation's live data is inaccessible. Your advice is to use a Monte Carlo data set.
The Monte Carlo method________________
- A. enables the company to generate random data for most of its application needs
- B. generates data that the company can use as input for adaptive decisioning
- C. makes the organisation's live data accessible
- D. combines external data sets into a larger data set
Answer: A
NEW QUESTION 27
Which property is automatically recomputed for each decision component?
- A. Priority
- B. Propensity
- C. Order
- D. Rank
Answer: B
NEW QUESTION 28
What are two results of an Adaptive Model? (Choose Two)
- A. Segment
- B. Priority
- C. Propensity
- D. Performance
Answer: C,D
NEW QUESTION 29
In a strategy defined in the "Retention" issue and the "X-Sell" group, you can import
- A. propositions from all groups under the "Retention" issue
- B. all propositions from the system
- C. propositions from "X-Sell" group
- D. propositions from the Sales issue
Answer: B
NEW QUESTION 30
A telecom company is interested in improving customer engagement on social media. However, there are hundreds of relevant messages posted every day, and it is not practical for customer service representatives (CSRs) to review and respond to all messages. Instead, CSRs should focus on negative messages.
What do you need to analyze the incoming messages?
- A. Predictive model
- B. Adaptive model
- C. Text categorization model
- D. Text extraction model
Answer: D
NEW QUESTION 31
The decision components used on the strategy canvas can be individually configured Which function is available when configuring the Group By component?
- A. True if Some
- B. Divide
- C. Multiply
- D. Average
Answer: D
NEW QUESTION 32
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