Free Pegasystems PEGACPDS88V1 Exam Questions

When implementing Next-Best-Action, the Customer Lifetime Value Threshold is typically used to_________.

Evidence an assessment of its viability, the Adaptive Model produces three outputs: Propensity, Performance and what is evidence in the context of an Adaptive Model? Performance and what is evidence in the context of an Adaptive Model? 

U+ Bank, a retail bank, offers the Standard card, the Rewards card and the Rewards Plus card to its customers. The bank wants to display the banner for the offer that each customer is most likely to click; therefore, their Arbitration uses Propensity from the AI models. If you are debugging the Next-Best-Action decision strategy, which strategy component will show you if the result of the Arbitration is correct? 

To enable an assessment of its reliability, the Adaptive Model produces three outputs: Propensity, Performance and Evidence. The performance of an Adaptive Model that has not collected any evidence is_________. 

When building a predictive model, the use of testing and validation samples_______________