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NEW QUESTION 52
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?

• A. The number of statistical bins used to evaluate the response
• B. The likelihood of a statistically similar behavior
• C. The number of customers who exhibited statistically similar behavior
• D. The number of customers who have responded to the modeled offer

Answer: D

NEW QUESTION 53
Which component(s) do you use to calculate the average margin of four actions?

• A. four Set Property components
• B. one Group By component
• C. four Group By components
• D. one Set Property component

Answer: A

NEW QUESTION 54
According to Forrester, it is far more expensive to attract new customers than it is to prevent existing customers from leaving.
Which model type do you use to predict if a customer is likely to churn?

• A. Categorization model
• B. Predictive model
• C. Adaptive model
• D. Extraction model

Answer: B

NEW QUESTION 55
You are a company with a new and unique product, and you want to offer it to the right customer.
Given the scenario, which rule type should you use?

• A. Adaptive Model
• B. Decision Table
• C. Predictive Model
• D. Scorecard

Answer: B

NEW QUESTION 56
......