Decisioning Consultant Audience Simulation Quiz

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Questions and Answers

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?

<p>To eliminate age discrimination in offer presentations (B)</p> Signup and view all the answers

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

<p>0.1 Gini (A)</p> Signup and view all the answers

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

<p>Customer Age Range (D)</p> Signup and view all the answers

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

<p>To evaluate the effect of business weight on credit card offers (D)</p> Signup and view all the answers

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

<p>1 Rate Ratio (A)</p> Signup and view all the answers

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

<p>79 (115-36) (B)</p> Signup and view all the answers

What does Pega Value Finder primarily provide recommendations for?

<p>Loosening strict conditions (B)</p> Signup and view all the answers

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

<p>Business weight (B)</p> Signup and view all the answers

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

<p>No bias allowed with 1 Rate Ratio (B)</p> Signup and view all the answers

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

<p>Step1, Step2, Step3, Step4 (D)</p> 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?

<p>Pega Value Finder (D)</p> Signup and view all the answers

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

<p>The number of customers who receive more than one action is displayed (A)</p> Signup and view all the answers

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

<p>To ensure fairness and reduce biases in decision-making (C)</p> Signup and view all the answers

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

<p>Step3 (D)</p> Signup and view all the answers

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