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1. The implementation of Next-Best-Action must involve
A) defining a prioritization formula using contact policies
B) inclusion of third party predictive models
C) building a product catalog
D) defining business issue and group hierarchy
2. 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) combines external data sets into a larger data set
B) makes the organisation's live data accessible
C) generates data that the company can use as input for adaptive decisioning
D) enables the company to generate random data for most of its application needs
3. What is the key characteristic that Next-Best-Action must consider to satisfy customer needs?
A) Fraud
B) Mobility
C) Relevancy
D) Service
4. A telecom company is interested in improving customer engagement on social media. However, there are hundreds of relevant messages posted every day, and it is not practical for customer service representatives (CSRs) to review and respond to all messages. Instead, CSRs should focus on negative messages.
What do you need to analyze the incoming messages?
A) Text extraction model
B) Text categorization model
C) Adaptive model
D) Predictive model
5. The Adaptive Model component in a strategy computes
A) a propensity value for each action
B) a unique accept rate for each action
C) a single propensity value for all actions
D) a single accept rate for all actions
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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