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Exam (elaborations)

CPDC CERTIFICATION 2024 EXAM QUESTIONS WITH COMPLETE SOLUTIONS!!

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  • CPDC
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CPDC CERTIFICATION 2024 EXAM QUESTIONS WITH COMPLETE SOLUTIONS!!

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  • August 28, 2024
  • 119
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPDC
  • CPDC
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EvaTee
CPDC CERTIFICATION
2024 EXAM
QUESTIONS WITH
COMPLETE
SOLUTIONS!!
CPDC
Evatee 8/28/24 CPDC

,CPDC CERTIFICATION 2024 EXAM QUESTIONS
WITH COMPLETE SOLUTIONS!!


T/F Decision Strategies are used to select the best proposition for each
customer. Answer - True, Decision Strategies are used to select the best
proposition for each customer.


The difference between a Business Process and a Decision Strategy is: a
business process comprises a sequence of steps represented by flow shapes, a
Decision Strategy comprises _________________ represented by decision
components.


1. enrichment features
2. predictive models
3. a prioritization
4. a unit of reasoning Answer - 4. a unit of reasoning


Which of the following is not a Decision Category component?


1. Import
2. Decisioning
3. Arbitration
4. Selection
5. Aggregation
6. Enrichment
7. Business Rules Answer - 2. Decisioning

,The Data Import component of decision categories are used to:


1. bring data into the strategy
2. reference logic such as Decision tables and Decision Trees
3. reference logic that makes predictions about customer behavior
4. filter out inappropriate propositions and prioritize those that remain Answer
- 1. bring data into the strategy


The Arbitration component of decision categories are used to:


1. bring data into the strategy
2. reference logic such as Decision tables and Decision Trees
3. reference logic that makes predictions about customer behavior
4. filter out inappropriate propositions and prioritize those that remain Answer
- 4. filter out inappropriate propositions and prioritize those that remain


The Decision Analytics component of decision categories are used to:


1. bring data into the strategy
2. reference logic such as Decision tables and Decision Trees
3. reference logic that makes predictions about customer behavior
4. filter out inappropriate propositions and prioritize those that remain Answer
- 3. reference logic that makes predictions about customer behavior


The Business Rules component of decision categories are used to:

, 1. bring data into the strategy
2. reference logic such as Decision tables and Decision Trees
3. reference logic that makes predictions about customer behavior
4. filter out inappropriate propositions and prioritize those that remain Answer
- 2. reference logic such as Decision tables and Decision Trees


In the Business Rules component of decision categories, how are decision
tables and decision trees used?


1. filter out inappropriate propositions and prioritize those that remain by
characteristics such as margin or propensity
2. reference logic that makes predictions about customer behavior, such as
adaptive models, predictive models and scorecards
3. they are used to implement business policies, requirements and operational
constraints
4. set values for properties that require a calculation, such as the margin on a
product. Answer - 3. they are used to implement business policies,
requirements and operational constraints


T/F Arbitration components filter out inappropriate propositions and prioritize
those that remain by characteristics such as margin or propensity. Answer -
True, Arbitration components filter out inappropriate propositions and
prioritize those that remain by characteristics such as margin or propensity.


In Decision Categories the Enrichment components sets values for properties
that require calculations, these calculations are defined using?


1. Business Rules
2. Data Models
3. Functions

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