Decisioning Consultant Audience Simulation Quiz

Play an AI-generated podcast conversation about this lesson

In the context of audience simulation with engagement policy and arbitration, what information is displayed?

The number of customers who receive a particular action as the top action (correct)

The number of customers who receive more than one action

The number of customers who receive an action more than once

The number of times an action was presented to customers

When running the audience simulation with engagement policy and arbitration, what is the correct metric to determine customer engagement?

Number of customers who qualify for a particular action

Number of actions received by each customer

Number of times an action was presented to customers

Number of customers who receive a particular action as the top action (correct)

As a Decisioning Consultant at U+ bank, what is the primary eligibility condition for presenting credit card offers to customers?

Age >= 18 (correct)

Credit Score >= 700

Age >= 21

Income >= $50,000

What is the purpose of configuring an ethical bias policy in decision-making processes?

To eliminate age discrimination in offer presentations Signup and view all the answers

In ethical bias configuration, which parameter reflects a minimum bias on age?

0.1 Gini Signup and view all the answers

When configuring the ethical bias policy, what context is essential to select to add bias fields?

Customer Age Range Signup and view all the answers

What is the projected reach and response comparison mode used for in the scenario simulation?

To evaluate the effect of business weight on credit card offers Signup and view all the answers

In the context of MyCo's ethical bias policy, what rate ratio configuration would allow no bias?

1 Rate Ratio Signup and view all the answers

How many customers are likely to accept the Standard card based on the provided information?

79 (115-36) Signup and view all the answers

What does Pega Value Finder primarily provide recommendations for?

Loosening strict conditions Signup and view all the answers

In the scenario analysis, what does the bank aim to nudge manually with its credit card offers?

Business weight Signup and view all the answers

Which statement accurately describes MyCo's approach regarding gender discrimination in mobile data package offers for students?

No bias allowed with 1 Rate Ratio Signup and view all the answers

What is the correct order to implement the task described in the text?

Step1, Step2, Step3, Step4 Signup and view all the answers

Which simulation should you run to gather data on the distribution of offers to well-engaged, under-engaged, or not-engaged customers?

Pega Value Finder Signup and view all the answers

When running an audience simulation with engagement policy and arbitration, what information is displayed?

The number of customers who receive more than one action is displayed Signup and view all the answers

What is the purpose of configuring an ethical bias policy in the context provided?

To ensure fairness and reduce biases in decision-making Signup and view all the answers

Which step involves selecting the strategy and audience for the simulation in the implementation task?

Step3 Signup and view all the answers

Decisioning Consultant Audience Simulation Quiz

Podcast Beta

Questions and Answers