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| Section | Objectives |
|---|---|
| Topic 1: Predictive Analytics | - Creating predictive models
|
| Topic 2: Next-Best-Action Concepts | - Core decisioning principles
|
| Topic 3: Text Analytics / NLP | - Leveraging text analytics
|
| Topic 4: Adaptive Analytics | - Adaptive model usage
|
| Topic 5: Pega Process AI | - Process AI fundamentals
|
| Topic 6: Decision Strategies | - Developing and evaluating decision strategies
|
1. The implementation of Next-Best-Action must involve
A) building a product catalog
B) inclusion of third party predictive models
C) defining a prioritization formula using contact policies
D) defining business issue and group hierarchy
2. A legal firm wants to use text analytics for easier and faster access to information to help with compliance related issues. The legal firm needs a taxonomy of legal concepts.
What is a taxonomy?
A) A list of valid categories
B) A list of business rules
C) A sentiment analysis model
D) The output of an expert survey
3. A company wants to create a data set that includes mock-up customer add Which method is available to populate these fields?
A) Bayesian
B) Propensity
C) Monte Carlo
D) Import
4. According to Forrester, it is far more expensive to attract new customers than it is to prevent existing customers from leaving.
Which model type do you use to predict if a customer is likely to churn?
A) Adaptive model
B) Extraction model
C) Categorization model
D) Predictive model
5. U+ Bank has a chat bot to service its customers. When customers initiate a chat, they are asked to describe the issue they would like to resolve. U+ Bank wants to increase customer satisfaction by assigning the support agent from the correct department to help the customer.
As a data scientist, you need to create a model which will predict the correct department based on the customer's input. To do this you build a_______________.
A) Text categorization model
B) Pegs machine learning model
C) Adaptive model
D) Text extraction model
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: B |
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