For an Adaptive Model to react quickly to changes in customer behavior, the _____________.
A. performance threshold should be set to a low number
B. model must always evaluate all customer responses
C. strategy must include the calculation for smooth propensity
D. value of the memory setting should be set to a low number
What is the key difference between a predictive model and a human expert?
A. Predictive models always outperform human experts.
B. Humans are better at dealing with structured data and identifying patterns.
C. Predictive models are more capable of detecting patterns in historical data.
D. Humans make successful predictions on a large amount of data.
To create channel-specific Adaptive Model instances, you ____________.
A. do nothing; Adaptive Model instances are always channel specific
B. create channel specific Adaptive Model definition
C. set channel information in the strategy
D. set the channel option in the Adaptive Model component
The result of a Predictive Model is stored in a property called _____________.
A. pyPrediction
B. pxResult
C. pyOutcome
D. pxSegment
What happens when you increase the performance threshold setting of an adaptive model rule?
A. The number of active predictors increases.
B. The number of active predictors may decrease.
C. The correlation threshold decreases.
D. The performance of the model is increased.
When building a predictive model, in which development step is the regression model created?
A. Model Export
B. Data Analysis
C. Model Analysis
D. Model Development
The outcome of a scoring model indicates the likely ______________.
A. write-off value of an arrears case
B. claim value of a health insurance
C. period in which a spare part has to be replaced
D. response to an offer
Adaptive model predictors are selected from the ____________.
A. communication channel
B. similar propositions
C. customer profile
D. proposition profile
To predict if a customer is likely to churn you use a model of type _____________.
A. champion challenger
B. decision tree
C. switch
D. decision table
From two churn models with the similar performance, we choose the one with the ____________.
A. highest churn rate
B. highest number of predictors
C. fewest number of predictors
D. most evidence
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