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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. makes the organisation's live data accessible
  • C. enables the company to generate random data for most of its application needs
  • D. combines external data sets into a larger data set

Answer: C

 

NEW QUESTION 48
Which component(s) do you use to calculate the average margin of four actions?

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

Answer: B

 

NEW QUESTION 49
The implementation of Next-Best-Action must involve

  • A. building a product catalog
  • B. defining a prioritization formula using contact policies
  • C. inclusion of third party predictive models
  • D. defining business issue and group hierarchy

Answer: D

 

NEW QUESTION 50
You are the Decisioning Consultant on an Al-powered one-to-one Customer Engagement implementation project. You are asked to design the Next-Best-Action prioritization expression that balances the customer needs with the business objectives.
What factors do you consider in the prioritization expression?

  • A. business levers
  • B. product eligibility rules
  • C. product compatibility rules
  • D. customer contact rules

Answer: B

 

NEW QUESTION 51
In a decision strategy, in order to select the proposition with the highest propensity, you use a

  • A. Switch component, and sort propensity from highest to lowest
  • B. Priorities component, and sort propensity from highest to lowest
  • C. Priorities component, and sort propensity from lowest to highest
  • D. Switch component, and sort propensity from lowest to highest

Answer: B

 

NEW QUESTION 52
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