The Next-Best-Action strategies must be _____________.
A. secured and modified only by IT
B. simple and straight forward
C. easy to be changed by the business
D. complex and forensically calculated
Which decision component is used to implement hard rules?
A. Prioritize
B. Adaptive Model
C. Decision Table
D. Eligibility
Which of the following is a good candidate for a predictor in a Scoring Model?
A. Customer Date of Birth
B. Mobile Phone Number
C. Total International Minutes
D. Customer Name
When building a predictive model, the use of testing and validation samples ______________.
A. increases the accuracy of models
B. enables model validation in strategies
C. is mandatory for segmentation
D. validates the quality of input data
Aggregation components provide the ability to ____________.
A. make calculations based upon a list of propositions
B. set a text value to a strategy property
C. filter propositions based on priority and relevance
D. choose between propositions
What is the key component of a Next-Best-Action strategy?
A. Strategy
B. Work flow
C. Decision table
D. Predictive model
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
In a Decisioning Strategy, which component is required to enable access to Product Holding properties?
A. Data Import
B. None, properties are available
C. Set Property
D. Customer Import
Visual Business Director allows you to perform:
A. What-if analysis
B. Naive Bayesian analysis
C. Predictive analysis
D. Monte Carlo simulation
