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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
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
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
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
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
NEW QUESTION 52