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NEW QUESTION 26
A large online store wants to adapt to changing customer behavior, and at the same time does not want to get earned away by every next hype in the market. Adaptive models can help accomplish both business objectives.
Which statement about adaptive models is correct?
- A. Adaptive models require underlying predictive models.
- B. Adaptive models perform a scoring model calculation.
- C. Adaptive models are regression models.
- D. Adaptive models perform a spectrum model calculation.
Answer: C
NEW QUESTION 27
What happens when you increase the performance threshold setting of an Adaptive Model rule?
- A. The number of active predictors increases.
- B. The correlation threshold decreases.
- C. The number of active predictors may decrease.
- D. The performance of the model is increased.
Answer: A
NEW QUESTION 28
In a Prioritize component, the best action can be determined based on the value of
- A. Customer,Value
- B. Propensity
- C. Average Margin
- D. Customer.Income
Answer: A
NEW QUESTION 29
Which decision component allows you to monitor the real-time performance of a third-party Churn Model?
- A. Scorecard Model
- B. Adaptive Model
- C. Predictive Model
- D. PMML Model
Answer: C
NEW QUESTION 30
A Scoring Model allows you to differentiate between
- A. Accept, Reject, Maybe Later
- B. Good, Bad
- C. Good, Bad, Unknown
- D. Good, Better, Best
Answer: B
NEW QUESTION 31
......
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