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NEW QUESTION 45
The implementation of Next-Best-Action must involve
- A. building a product catalog
- B. defining business issue and group hierarchy
- C. inclusion of third party predictive models
- D. defining a prioritization formula using contact policies
Answer: B
NEW QUESTION 46
In a Set Property component, the Rank value is determined by______________.
- A. the order in which the actions are received
- B. the default value of the Rank
- C. the sequence in which it appears on the canvas
- D. the data transform
Answer: B
NEW QUESTION 47
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. generates data that the company can use as input for adaptive decisioning
- B. enables the company to generate random data for most of its application needs
- C. combines external data sets into a larger data set
- D. makes the organisation's live data accessible
Answer: B
NEW QUESTION 48
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. similar offers were accepted by the customer
- B. the offer was rejected by similar customers
- C. the offer was accepted by similar customers
- D. similar offers were rejected by the customer
Answer: A
NEW QUESTION 49
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