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Question 1:

Refer to the lift chart:

At a depth of 0.1, Lift = 3.14. What does this mean?

A. Selecting the top 10% of the population scored by the model should result in 3.14 times more events than a random draw of 10%.

B. Selecting the observations with a response probability of at least 10% should result in 3.14 times more events than a random draw of 10%.

C. Selecting the top 10% of the population scored by the model should result in 3.14 timesgreater accuracy than a random draw of 10%.

D. Selecting the observations with a response probability of atleast 10% should result in 3.14times greater accuracy than a random draw of 10%.

Correct Answer: A


Question 2:

Assume a $10 cost for soliciting a non-responder and a $200 profit for soliciting a responder. The logistic regression model gives a probability score named P_R on a SAS data set called VALID. The VALID data set contains the responder variable Pinch, a 1/0 variable coded as 1 for responder. Customers will be solicited when their probability score is more than 0.05.

Which SAS program computes the profit for each customer in the data set VALID?

A. Option A

B. Option B

C. Option C

D. Option D

Correct Answer: A


Question 3:

A marketing campaign will send brochures describing an expensive product to a set of customers. The cost for mailing and production per customer is $50. The company makes $500 revenue for each sale. What is the profit matrix for a typical person in the population?

A. Option A

B. Option B

C. Option C

D. Option D

Correct Answer: C


Question 4:

A confusion matrix is created for data that were oversampled due to a rare target. What values are not affected by this oversampling?

A. Sensitivity and PV

B. Specificity and PV

C. PV and PV

D. Sensitivity and Specificity

Correct Answer: D


Question 5:

This question will ask you to provide missing code segments.

A logistic regression model was fit on a data set where 40% of the outcomes were events (TARGET=1) and 60% were non-events (TARGET=0). The analyst knows that the population where the model will be deployed has 5% events and 95% non-events. The analyst also knows that the company\’s profit margin for correctly targeted events is nine times higher than the company\’s loss for incorrectly targeted non-event.

Given the following SAS program:

What X and Y values should be added to the program to correctly score the data?

A. X=40, Y=10

B. X=.05, Y=10

C. X=.05, Y=.40

D. X=.10.Y=05

Correct Answer: B


Latest A00-240 DumpsA00-240 PDF DumpsA00-240 Exam Questions

Question 6:

An analyst has a sufficient volume of data to perform a 3-way partition of the data into training, validation, and test sets to perform honest assessment during the model building process.

What is the purpose of the test data set?

A. To provide a unbiased measure of assessment for the final model.

B. To compare models and select and fine-tune the final model.

C. To reduce total sample size to make computations more efficient.

D. To build the predictive models.

Correct Answer: A


Question 7:

The total modeling data has been split into training, validation, and test data. What is the best data to use for model assessment?

A. Training data

B. Total data

C. Test data

D. Validation data

Correct Answer: D


Question 8:

Refer to the exhibit.

Based on the control plot, which conclusion is justified regarding the means of the response?

A. All groups are significantly different from each other.

B. 2XL is significantly different from all other groups.

C. Only XL and 2XL are not significantly different from each other.

D. No groups are significantly different from each other.

Correct Answer: C


Question 9:

Customers were surveyed to assess their intent to purchase a product. An analyst divided the customers into groups defined by the company\’s pre-assigned market segments and tested for difference in the customers\’ average intent to purchase. The following is the output from the GLM procedure:

What percentage of customers\’ intent to purchase is explained by market segment? Click the calculator button to display a calculator if needed.

A. <0.01%

B. 35%

C. 65%

D. 76%

Correct Answer: D


Question 10:

Given the following GLM procedure output:

Which statement is correct at an alpha level of 0.05?

A. School*Gender should be removed because it is non-significant.

B. Gender should be removed because it is non-significant.

C. School should be removed because it is significant.

D. Gender should not be removed due to its involvement in the significant interaction.

Correct Answer: D


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