Question 1
Question
The Pega Customer Decision Hub delivers the Next-Best-Action consistently through multiple channels. To which channel does this apply?
Answer
-
Newspaper
-
Television
-
Billboard
-
Mobile
Question 2
Question
When during a customer interaction should a Next-Best-Action decision be made?
Answer
-
When the customer intent is captured
-
First time the customer is shown a banner
-
Every time new information is received
-
At the beginning of customer call
Question 3
Question
In a decision strategy, which component is required to enable access to proposition properties?
Answer
-
Data Include
-
Data Join
-
Property Import
-
Proposition Data
Question 4
Question
When executing a decision strategy, the solid line arrow in a decision strategy means data is _______________.
Answer
-
referenced by the component the arrow points to
-
referenced by the component the arrow originates from
-
copied to the component the arrow originates from
-
copied to the component the arrow points to
Question 5
Question
Which of these belong to the same group as the Prioritize component?
Answer
-
Proposition
-
Data Join
-
Arbitration
-
Filter
Question 6
Question
To implement eligibility criteria you can use a ____________ component.
Answer
-
Switch
-
Group by
-
Segment
-
Decision Table
Question 7
Question
What is provided as input to a predictive model component by the strategy?
Answer
-
The strategy outcome
-
Customer data
-
Performance data
-
Proposition identifier
Question 8
Question
The output of a predictive model is accessible by other components in the strategy via a property called ____________
Answer
-
pyOutcome
-
pxRank
-
pxSegment
-
pyPropensity
Question 9
Question
Adaptive model components can output ____________
Question 10
Question
The Adaptive Model component in a strategy computes ____________
Answer
-
a single accept rate for all propositions
-
a unique propensity for each proposition
-
a single propensity for all propositions
-
a unique accept rate for each proposition
Question 11
Question
A coffee company wants to simulate decisions that requires large amounts of data. However, the organisation's live data is inaccessible.
The Monte Carlo method _____
Answer
-
generates millions of rows with minimal effort
-
makes the organisation's live data accessible
-
generates data that the company can use as input for adaptive decisioning
-
combines external data sets into a larger data set
Question 12
Question
A coffee company wants to create a data set that includes mock up customer address information and the likelihood to churn.
Which method is available to populate these fields?
Answer
-
Expression
-
Bayesian
-
Propensity
-
Import
Question 13
Question
In the delta view in Visual Business Director, what does the red colored cone indicate?
Answer
-
The source data value is too small
-
The source data value is smaller than the reference data value
-
The source data value is larger than the reference data value
-
The source data value is too large
Question 14
Question
The Actuals data set, that can be inspected with Visual Business Director, contains ____________
Question 15
Question
When developing a predictive model, a valid data type for a predictor is _______________.
Answer
-
Number
-
Character
-
Integer
-
Numeric
Question 16
Question
When developing a predictive model, the outcome of a spectrum model can indicate the _______________.
Question 17
Question
Which Predictive Modeling Markup Language (PMML) model type is supported by Pega?
Answer
-
Adaptive model
-
Regression Model
-
Text Model
-
Decision Table
Question 18
Question
Which rule is used to upload a Predictive Modeling Markup Language (PMML) file that contains a Tree model type?
Answer
-
Scorecard
-
Decision tree
-
Predictive model
-
Third-party Model
Question 19
Question
When compared to a Predictive Model, an Adaptive Model is different as it _______________.
Answer
-
considers both symbolic and numeric predictors
-
uses customer properties as predictors
-
uses predictive binning
-
cannot perform a spectrum model calculation
Question 20
Question
A large online store wants to adapt to changing customer behavior, and at the same time does not want to get carried away by every next hype in the market. Adaptive models can help accomplish both business objectives.
Which statement about adaptive models is correct?
Answer
-
Adaptive models require no historic data to get started
-
Adaptive models require underlying predictive models
-
Adaptive models are regression models
-
Adaptive models perform a spectrum model calculation
Question 21
Question
A telecommunications company wants to apply text analysis to incoming emails to understand how satisfied its customers are about various products and services. That requires processing of the natural language of the email texts.
Which analysis occurs during natural language processing?
Answer
-
Subjective analysis
-
Presumptive analysis
-
Intent analysis
-
Semantic analysis
Question 22
Question
A telecommunications company wants to monitor Twitter data and generate an adequate response.
Text analytics detects proper nouns such as names, dates, and places as _______
Answer
-
Entities
-
Objects
-
Subjects
-
Topics
Question 23
Question
Which of the following statement is true regarding the Filter and Prioritize component in a decision strategy? (Choose One)
Answer
-
The Filter component reduces the number of incoming data elements by allowing all rows for which the condition is false.
-
A Prioritize component cannot reduce the number of incoming data elements since it is only ranking the incoming data.
-
The Filter condition is a numeric expression similar to the prioritization expression.
-
The Filter component reduces the number of incoming data elements by allowing all rows for which the condition is true.
Question 24
Question
What decision strategy pattern would you use to filter out all propositions having their price higher than the average product price?
Answer
-
Set Property - Filter
-
Set Property - Group by
-
Aggregate - Filter
-
Group by - Filter
Question 25
Question
To generate a unique key for a row in a Monte Carlo data set you should use _________ provider.
Answer
-
Address
-
Consecutive
-
Options
-
Expression
Question 26
Question
To configure a field in a Monte Carlo data set you must define a property and a __________.
Question 27
Question
Which of the following statements is true when describing a Monte Carlo data set?
Answer
-
Monte Carlo data set can only be used to generate customer data.
-
Monte Carlo data set can be used to test a strategy.
-
Monte Carlo data set only supports flat data structure.
-
Monte Carlo data set only support the native locale.
Question 28
Question
In a Monte Carlo data set to select a random value from a list you would normally use _________.
Answer
-
Scorecard Rule
-
Option Provider
-
Decision Table
-
When Rule
Question 29
Question
Using Prediction Studio you can build a model of type ____________ (Choose Two)
Answer
-
SPECTRUM
-
Probability
-
Value
-
SCORING
-
Analytics
Question 30
Question
A typical example of behavior when a scoring model can be used is ____________ (Choose One)
Answer
-
Repaying loans or going into arrears
-
The likely claim value of health, motor or contents insurance policy holders
-
The likely eventual write-off of cases recently falling into arrears
-
Likely purchase value of responders to a direct mail campaign
Question 31
Question
The more predictor groups you have the more accurate and reliable the prediction will be.
Question 32
Question
The first step in the Model analysis step is ____________? (Choose One)
Answer
-
Predictor grouping
-
Score comparison
-
Source selection
-
Score distribution
Question 33
Question
An adaptive model is created when .......… (Choose One)
Answer
-
A strategy that contains an Adaptive Model component is executed.
-
The model predictors become active.
-
The model outcomes are defined.
-
An adaptive model record is configured.
Question 34
Question
The Predictor report enables the user to .......… (Choose One)
Answer
-
Examine the propensity distribution of the whole model.
-
Display the memory used by a model.
-
Identify active and inactive predictors.
-
Give performance overview of a model over time.
Question 35
Question
The model identifier includes the following fields: (Choose Three)
Answer
-
Predictor
-
Direction
-
Model Name
-
Business issue
-
Channel
Question 36
Question
What type of a predictor can you use in an adaptive model?
Answer
-
Integer
-
Page Type
-
Symbolic
-
Logical
Question 37
Question
Natural language processing is concerned with _______________. (Fill in the blank)
Answer
-
programming computers to write code by itself
-
detecting the most trending topics on Twitter
-
teaching computers to interpret human natural languages
-
highlighting spelling mistakes in a piece of text
Question 38
Question
Which of these are the output of text analysis (Choose Three)
Question 39
Question
Which of these components analyzes text? (Choose One)
Answer
-
Taxonomy
-
Text Analyzer
-
Data flow
-
Twitter Data Set
Question 40
Question
Pega Adaptative Models ___________________________________.
Answer
-
learn about customer behavior in real-time
-
can only be used in inbound channels
-
involve a significant human effort to develop
-
require historical data
Question 41
Question
When building a predictive model, in which development step is the regression model created?
Answer
-
Model Export
-
Model Analysis
-
Data Analysis
-
Model Development
Question 42
Question
When building a predictive model, the use of testing and validation samples ______________________.
Answer
-
increases the accuracy of models
-
validates the quality of input data
-
is mandatory for segmentation
-
enables model validation in strategies
Question 43
Question
Business rules that determine if a customer is eligible for a particular proposition are also known as ______________.
Answer
-
Contact rules
-
Marketing rules
-
Soft rules
-
Hard rules
Question 44
Question
In a Decisioning Strategy, which component is required to enable access to primary Customer properties?
Question 45
Question
Through analysis of customer lifecycles, Next-Best-Action _____________.
Answer
-
identifies global sales targets
-
anticipates retention issues
-
provides future sales report
-
provides fulfillment services
Question 46
Question
The implementation of Next-Best-Action must involve _____________.
Answer
-
inclusion of third party predictive models
-
defining a prioritization formula based on marketing weight
-
defining business issue and group hierarchy
-
building a product catalog
Question 47
Question
Proactive retention is applicable when a customer is ____________________.
Question 48
Question
In a Set Property component, the Rank value is determined by ______________.
Answer
-
the data transform
-
the sequence in which it appears on the canvas
-
the default value of the Rank
-
the order in which the propositions are received
Question 49
Question
Which category contains the Set Property component?
Answer
-
Enrichment category
-
Data Import category
-
Arbitration category
-
Business Rules category
Question 50
Question
Next-Best-Action maximizes the customer lifetime value by _______________.
Answer
-
using consistency rules in the Next-Best-Action decision strategy
-
monitoring the customer interactions in all channels
-
using arbitration metrics in the Next-Best-Action decision strategy
-
building Next-Best-Action on top of each other across every interaction
Question 51
Question
Which of the following is a dimension in Visual Business Director?
Answer
-
Intent
-
Revenue
-
Channel
-
Volume
Question 52
Question
Two results of an adaptive model are ______________.
Question 53
Question
For an Adaptive Model to react quickly to changes in customer behavior, the ________________________.
Answer
-
value of the memory setting should be set to a low number
-
model must always evaluate all customer responses
-
strategy must include the calculation for smooth propensity
-
performance threshold should be set to a low number
Question 54
Question
Which function is available when configuring the Group By component?
Answer
-
True if Some
-
Multiply
-
Average
-
Divide
Question 55
Question
What does a dotted line from a "Group By" component to a "Filter" component mean?
Answer
-
There is a one-to-one relationship between the "Group By" and the "Filter" components
-
A property from the "Group By" is referenced by the "Filter" components
-
To evaluate the "Group By" component, the "Filter" component is evaluated first
-
Information from the "Group By" is copied over to the "Filter" componenent
Question 56
Question
After launching a new product, the delta mode in Visual Business Director could show _________________.
Answer
-
the date when the new product was introduced
-
the volume of the existing products
-
the volume difference between the new product and the existing products
-
a green shape for the product added
Question 57
Question
Scoring Model allows you to differentiate between ________________.
Question 58
Question
The action a selling organization undertakes to reduce customer defections is also known as ________________________.
Answer
-
upselling
-
cross-selling
-
marketing
-
retention
Question 59
Question
Which component belongs to the "Business Rules" decision component category?
Answer
-
Contact policy
-
Decision Table
-
Decision data
-
Financial calculation
Question 60
Question
In a prioritization expression, to balance the customer needs and business objectives you adjust _______________________.
Question 61
Question
To build a predictive model, use ___________________.
Answer
-
Pega Customer Service
-
Pega Decision Management
-
Pega Platform
-
Pega Marketing
Question 62
Question
To implement an eligibility criteria you use a _______________.
Answer
-
Eligibility
-
Segment
-
Proposition Filter
-
Switch
Question 63
Question
When a customer is offered a proposition he has already accepted, this is because __________________.
Answer
-
the strategy uses interaction history to exclude previously accepted offers
-
the customer intent was captured incorrectly
-
the propositions are filtered based on eligibility
-
there is no filter for previously offers in the strategy
Question 64
Question
Pega's ability to turn data into insight into action is known as:
Answer
-
business rules
-
big data
-
adaptive analytics
-
Next-Best-Action
Question 65
Question
Which decision component is used to implement hard rules?
Answer
-
Adaptive Model
-
Eligibility
-
Prioritize
-
Decision Table
Question 66
Question
What happends when you increase the peformance threshold setting of an adaptive model rule?
Answer
-
The number of active predictors increases
-
The number of active predictors may decrease
-
The correlation threshold decreases
-
The performance of the model is increased
Question 67
Question
In Pega Decision Management, individual customer behavior is captured by:
Answer
-
Visual Business Director
-
Predictive models
-
Interaction history
-
Decision strategies
Question 68
Question
Visual Business Director allows you to peform:
Answer
-
What-if analysis
-
Predictive analysis
-
Naive Bayesian analysis
-
Monte Carlo simulation
Question 69
Question
If you would like to ensure that the strategy outputs at most one Proposition, the best component to achieve this is the __________________.
Question 70
Question
Results of two simulations can be compared using the _______________.
Question 71
Question
Which business issue is the least suitable for Next-Best-Action?
Answer
-
Retention
-
Service
-
Accounting
-
Collections
Question 72
Question
To which types of decisions can Decision Management be applied?
Answer
-
Determining the cause of the customer's problem
-
Determining why response rates for a campaign in one region are below average
-
Determining which banner to show on a web site to increase click rate
-
Determining how to optimize the product portfolio to increase market share
Question 73
Question
What information has a 1-to-many relationship with a Customer?
Question 74
Question
When implementing Next-Best-Action, the Customer Lifetime Value Threshold is typically used to ___________________.
Answer
-
calculate the customer's lifetime value
-
prioritize high-value propositions
-
prioritize customers
-
determine if the customer is eligible
Question 75
Question
In a decision strategy, which decision component both filters relevant offers and prioritizes these offers?
Answer
-
Filter component
-
Switch component
-
Prioritize component
-
Group by component
Question 76
Question
One of the purposes of the Interaction History decision component is to ______________________.
Answer
-
retrieve all propositions properties
-
determine if a proposition has been offered before
-
verify is a customer is eligible for an offer
-
capture all interactions with the customer
Question 77
Question
When executing a decision strategy, the blue dotted line in a decision strategy means ________________.
Answer
-
data is copied to the component the arrow points to
-
data is referenced by the component the arrow points to
-
data is referenced by the component the arrow originates from
-
data is copied to the component the arrow originates from
Question 78
Question
The prioritize component sorts offers in ______________.
Question 79
Question
Which statement about predictive models is true?
Answer
-
You need past experience to create a predictive model
-
They need to be specified in a data attribute
-
They are always associated with a proposition
-
They need unstructured big data
Question 80
Question
When a new component is added to the strategy canvas, its Rank value will be
Question 81
Question
When balancing the customer need with the business objective, a possible business objective is _________________.
Answer
-
Social media
-
Risk mitigation
-
Consistent communication
-
Timeliness
Question 82
Question
The likelihood that a proposition will be accepted by the customer is stored in the strategy property called _______________.
Answer
-
pyPropensity
-
pyBehavior
-
pyProbability
-
pyLikelihood
Question 83
Question
Visual Business Director can be used to ______________.
Answer
-
predict customer behavior
-
compare two datasets
-
import and inspect an external dataset
-
inspect interactions of a single customer
Question 84
Question
Which decision component enables you to use a PMML model?
Answer
-
Adaptive Model
-
Third-party Model
-
PMML Model
-
Predictive Model
Question 85
Question
The Next-Best-Action strategies must be _____________.
Answer
-
simple and straight forward
-
easy to be changed by the business
-
complex and forensically calculated
-
secured and modified only by IT
Question 86
Question
To reference a customer property in a strategy, you need to prefix the property name with the keyword _______________.
Question 87
Question
What format is used to express PMML?
Answer
-
SQL
-
HTML
-
XML-Based
-
CSVD, XML
Question 88
Question
Aggregation components provide the ability to _______________.
Answer
-
set a text value to a strategy property
-
make calculations based upon a list of propositions
-
choose between propositions
-
filter propositions based on priority and relevance
Question 89
Question
Which is a Key Performance Indicator?
Answer
-
Outcome
-
Volume
-
Channel
-
Action
Question 90
Question
What is the key characteristic that Next-Best-Action must consider to satisfy customer needs?
Answer
-
Services
-
Sociability
-
Mobility
-
Consistency
Question 91
Question
The Adaptive Model output that is automatically mapped to a strategy property is _________________.
Answer
-
propensity
-
performance
-
score
-
evidence
Question 92
Question
In a decision strategy, to remove propositions based on the current month, you use a _______________________.
Question 93
Question
The mapping of the input fields of a third-party predictive model is done in the ________________.
Answer
-
Predictive Model rule
-
Predictive Analytics Director portal
-
Predictive Model decision component
-
Customer class definition
Question 94
Question
When configuring an Adaptive Model, the property type Integer is automatically translated to which predictor type?
Answer
-
Symbolic
-
Numeric
-
Alphanumeric
-
Number
Question 95
Question
What is the key component of a Next-Best-Action strategy?
Answer
-
Decision table
-
Workflow
-
Predictive model
-
Strategy
Question 96
Question
When compared to a Predictive Model, an Adaptive Model is different as it ________________________.
Answer
-
uses predictor binning
-
considers both symbolic and numeric predictors
-
learns from both positive and negative outcomes
-
can use strategy properties as predictors
Question 97
Question
Predictive Analytics is a _________________.
Answer
-
method of visualizing our data
-
real-time predictive dashboard
-
query, reporting and a search tool
-
the science concerned with finding repeatable patterns in data
Question 98
Question
Which value is output by an Adaptive Model?
Answer
-
Behavior
-
Lift
-
Performance
-
Score
Question 99
Question
What is the difference between predictive and adaptive analytics?
Answer
-
Predictive models predict customer behavior
-
Predictive models can predict a continuos value
-
Predictive models have evidence
-
Adaptive models use the customer data as predictors
Question 100
Question
What is the most accurate description of proactive retention? Proactive Retention ___________________.
Answer
-
enables business to respond to customers when they contact a call center
-
anticipates potential customer churn
-
simplifies the process of retaining customers
-
enables the business to reduce the number of credit risk customers
Question 101
Question
To define the relationship between Customer and Product Usage, you must create the Product Usage property in the __________________.
Answer
-
Customer class
-
Product Usage class
-
Strategy Result class
-
Product class
Question 102
Question
In a decision strategy, the adaptive model decision component belongs to the _____________.
Question 103
Question
What are the most important aspects taken into consideration when determining the Next-Best-Action?
Answer
-
Business objectives and customer needs
-
Network bandwidth and call duration
-
Market trends and customer satisfaction
-
Product discounts and business profitability
Question 104
Question
The performance of an Adaptive Model that has not collected any evidence is _____________.
Question 105
Question
What is Predictive Model Markup Language(PMML)?
Answer
-
An XML-Based language used to represent predictive models
-
An Industry standard language used to represent predictive models
-
A mathematics-based language used to represent predictive models
-
Pega's own language used to represent predictive models
Question 106
Question
Which decision component allows you to use a third-party Credit Risk Model 80% of the time and a Pega Credit Risk Model 20%?
Answer
-
Filter
-
Switch
-
Adaptive Model
-
Champion Challenger
Question 107
Question
To predict if a customer is likely to churn you use a model of type _____________.
Answer
-
decision tree
-
switch
-
decision table
-
champion challenger
Question 108
Question
To create channel-specific Adaptive Model instances, you __________________.
Answer
-
create channel specifc Adaptive Model definition
-
set channel information in the strategy
-
do nothing, Adaptive Model instances are always channeled specific
-
set the channel option in the Adaptive Model component
Question 109
Question
To run a delta report in the Visual Business Director, a minimum of two _____________ are required.
Answer
-
input definitions
-
data sources
-
strategies
-
propositions
Question 110
Question
When building a predictive model, at what stage do you compare the performance of predictive models?
Answer
-
Model Comparison stage
-
Model Export stage
-
Model Analysis stage
-
Model Development stage
Question 111
Question
Pega Adaptive Models _____________.
Answer
-
require historical data
-
can only be used in inbound channels
-
involve a significant human effort to develop
-
learn about customer behavior in real-time
Question 112
Question
The results of a Predictive Model is stored in a property called ___________________.
Answer
-
pxResult
-
pyOutcomeD
-
pyPrediction
-
pxSegment
Question 113
Question
The point at which smooth propensity and actual propensity converge is when ________________.
Answer
-
the actual evidence is greater than starting evidence
-
starting propensity is greater than actual propensity
-
starting evidence is greater than actual evidence
-
the actual propensity is greater than starting propensity
Question 114
Question
The Predictive Model Markup Language(PMML) allows for predictive models to _______________.
Question 115
Question
Which decision component is used to arbitrate between propositions?
Answer
-
Prioritize
-
Adjudication
-
Arbitration
-
Decision Table
Question 116
Question
In a decision strategy, the Switch component can ________________.
Answer
-
be used to arbitrate between decision logic paths
-
make references to Switch decision components in other strategies
-
be used to calculate the propensity
-
be used to test two strategies against each other
Question 117
Question
The outcome of a scoring model indicates the likely ________________.
Answer
-
response to an offer
-
the period in which a spare part has to be replaced
-
claim value of a health insurance
-
write-off value of an arrears case
Question 118
Question
Which metric is used in the Proposition Distribution report?
Answer
-
Volume
-
Total revenue
-
Accept rate
-
Target budget
Question 119
Question
When implementing a Next-Best-Action project, which step is recommended to be taken first?
Question 120
Question
From two churn models with the similiar performance, we choose the one with the _______________________.
Question 121
Question
In the delta view in Visual Business Director, what does the green-colored shape indicate?
Answer
-
The Source data is valid
-
The Reference data is valid
-
The Source data value is larger than the Reference data value
-
The Source data value is smaller than the Reference data value
Question 122
Question
The adaptive model instance is created when you __________________.
Answer
-
import an Adaptive Model definition rule
-
configure and Adaptive Model decision component
-
create and adaptive model rule
-
execute the strategy containing the Adaptive Model component
Question 123
Question
In the Next-Best-Action strategy, a Switch component can be used to switch ___________________.
Answer
-
between two customers within the same household
-
between two different service propositions
-
between a high value and low-value customer
-
off interaction history
Question 124
Question
Adaptive model predictors are selected from the _________________
Answer
-
communication channel
-
customer profile
-
propositions profile
-
similar propositions
Question 125
Question
Which of the following is a good candidate for a predictor in a Scoring Model?
Question 126
Question
In an Adaptive Model rule, what is a valid predictor data type?
Answer
-
Character
-
Boolean
-
String
-
Symbolic
Question 127
Question
In Pega Decision Management, a banner on a website represent ___________________.
Answer
-
channel
-
strategy
-
dimension
-
proposition
Question 128
Question
When building a predictive model, the Data Analysis stage is where you __________________.
Question 129
Question
The Next-Best-Action recommendation for a customer is re-evaluated when _______________.
Answer
-
the service representative completes a task
-
a customer responds to an offer
-
a customer changes the call context
-
the service representative is in the middle of completing a task
-
the marketer retires an offer
Question 130
Question
In a call-center application, which receives Next-Best-Actions from Pega Customer Decision Hub, the Customer Service Representative (CSR) is _______________.
Answer
-
guided on the next important conversation to have with the customer
-
expected to improvise based on some basic customer information displayed on screen
-
forced to follow a strict path of recommended steps, which he/she cannot deviate from
-
always expected to sell a product or service irrespective of the customer's call intent
Question 131
Question
What type of information is used by the Customer Decision Hub™ to determine the Next-Best-Action recommendations?
Question 132
Question
Which two conditions must be met for the Customer Decision Hub to consider an offer for a customer?
Answer
-
The offer is a service message.
-
The offer belongs to the top most action defined in the Next-Best-Action decision hierarchy.
-
The 'Active' offer attribute is set.
-
The offer belongs to the first relevant action in the Next-Best-Action decision hierarchy.