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Question No 1

Which two factors do you inspect to assess the general health of the adaptive models in Prediction Studio? (Choose Two.)

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Question No 2

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_____________________.

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Question No 3

When defining outcomes for an Adaptive Model you must define_________________.

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Question No 4

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?

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The likelihood of a statistically similar behavior

The number of customers who exhibited statistically similar behavior

The number of statistical bins used to evaluate the response

The number of customers who have responded to the modeled offer

Question No 5

A company wants to simulate decisions that requires large amounts of dat a. However, the organisation's live data is inaccessible. Your advice is to use a Monte Carlo data set. The Monte Carlo method________________

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enables the company to generate random data for most of its application needs

generates data that the company can use as input for adaptive decisioning

combines external data sets into a larger data set

makes the organisation's live data accessible

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