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IBM SPSS MODELER COURSE 1 UNIT 1 & 2 EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ LATEST UPDATE

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IBM SPSS MODELER COURSE 1 UNIT 1 & 2 EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ LATEST UPDATE Fill in the blank. There are ___ stages in CRISP-DM. There are 6 stages in the CRISP-DM methodology. You work as a data scientist in a project where you need to access certain tables in the database. You ask the database administrator (DBA) for access to the database and he promises to do so as soon as possible. However, a minute later the company experiences serious problems in the operational systems, which also fall under the DBA's responsibility. It is a top priority for the DBA to get the operational systems up and running again, which will cost 2 days at a minimum. In the meantime you are stuck in the project, facing a deadline. Could such a situation occur in a project where CRISP-DM is implemented? A. Yes B. No B. No. Problems such as these should be acknowledged in the Business Understanding stage, and properly dealt with at that point. You work as a data scientist in a project, about reducing churn (caused by customers canceling their subscription). After two months of collecting data, data preparation, and analyses, you have built a model that identifies 95% of the customers who canceled their subscription in 10% of the data. Your recommendation to the manager is to apply the model to the current customer database, which will identify 95% of the potential churn (that is the expectation based on the analyses). However, the manager tells you that 100% of the potential churn must be identified, no matter what, and therefore the model that you have built will not be deployed. Could such a situation happen in a project where CRISP-DM is implemented? A. Yes B. No B. No. It should be clear upfront that the manager only accepts a model that identifies 100% of the customers who cancel their subscriptions. The modeling goal should have been addressed in the Business Understanding stage. Also, it should be discussed whether the modeling goal set by the manager is realistic. You work in the database marketing department of ACME, a (fictitious) company that sells sport products via the web and mail campaigns. ACME has 30,000 customers.

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IBM SPSS MODELER COURSE 1 UNIT 1 & 2 EXAM

QUESTIONS AND ANSWERS WITH COMPLETE

SOLUTIONS GRADED A++ LATEST UPDATE


Fill in the blank. There are ___ stages in CRISP-DM.

There are 6 stages in the CRISP-DM methodology.

You work as a data scientist in a project where you need to access certain tables

in the database. You ask the database administrator (DBA) for access to the

database and he promises to do so as soon as possible.

However, a minute later the company experiences serious problems in the

operational systems, which also fall under the DBA's responsibility. It is a top

priority for the DBA to get the operational systems up and running again, which

will cost 2 days at a minimum. In the meantime you are stuck in the project,

facing a deadline.

Could such a situation occur in a project where CRISP-DM is implemented?

A. Yes

B. No

B. No. Problems such as these should be acknowledged in the Business

Understanding stage, and properly dealt with at that point.

You work as a data scientist in a project, about reducing churn (caused by

customers canceling their subscription). After two months of collecting data, data

, preparation, and analyses, you have built a model that identifies 95% of the

customers who canceled their subscription in 10% of the data.

Your recommendation to the manager is to apply the model to the current

customer database, which will identify 95% of the potential churn (that is the

expectation based on the analyses). However, the manager tells you that 100% of

the potential churn must be identified, no matter what, and therefore the model

that you have built will not be deployed.

Could such a situation happen in a project where CRISP-DM is

implemented?

A. Yes

B. No

B. No. It should be clear upfront that the manager only accepts a model that identifies

100% of the customers who cancel their subscriptions. The modeling goal should have

been addressed in the Business Understanding stage. Also, it should be discussed

whether the modeling goal set by the manager is realistic.

You work in the database marketing department of ACME, a (fictitious) company

that sells sport products via the web and mail campaigns. ACME has 30,000

customers.

You are responsible for a campaign to promote and sell the long awaited XL

Original Orange Baseball Cap. Given the costs of contacting a customer and to

prevent sending unsolicited mail, you will send an e-mail to 10,000 randomly

selected customers with an offer to buy the XL Original Orange Baseball Cap.

This e-mail campaign will be referred to as "test mailing" from this point forward.

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