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QUESTION 1
Which capability is part of IBM SPSS Modeler Premium?
A. Entity Analytics Unleashed
B. Text Analytics
C. Social Media Analytics
D. All of the above
Correct Answer: B
Reference: http://www-01.ibm.com/software/analytics/spss/products/modeler/

 

QUESTION 2
A retail marketing director needs to improve customer retention and wants to include customer feedback from his call
center. Which IBM SPSS Modeler Premium capability would be applicable?
A. Social Network Analysis
B. Entity Analytics
C. Text Analytics
D. Automated Modeling
Correct Answer: D

 

QUESTION 3
Which is the primary value of IBM SPSS Modeler?
A. To uncover hidden patterns and relationships in data.
B. To test specific hypotheses.
C. To craft effective and eye-catching surveys.
D. To improve the management of analytical assets.
Correct Answer: A
Reference: http://public.dhe.ibm.com/common/ssi/ecm/en/imw14282usen/IMW14282USEN.PDF

 

QUESTION 4
Which is an example of an IBM SPSS Modeler Opportunity?
A. An on-line retailer is looking to deploy Customer Satisfaction Surveys.
B. An on-line retailer is looking to predict stock levels for its warehouses.
C. An online retailer is looking to measure activity on Social Media.
D. An online retailer is looking to report on transactions within a region.
Correct Answer: A

 

QUESTION 5
As part of your IBM SPSS Modeler opportunity progression, the Chief Financial Officer of the prospective company
requests a Return on Investment reference for IBM SPSS Modeler. Which would NOT apply?
A. A building manufacturer realized a 113% return on investment in 12 months.
B. A division within IBM predicts to have a 150% return on investment in one year.
C. A telemarketer using ANOVA realized $2M in cost savings the first year of use.
D. A telecommunications company that realized $3.8M in cost savings per year.
Correct Answer: B

 

QUESTION 6
Which type of model in IBM SPSS Modeler is BEST suited for making categorical predictions?
A. Classification
B. Segmentation
C. Association
D. Anomaly detection
Correct Answer: C

 

QUESTION 7
When an organization is using or interested in R, which of the following statements is true?
A. R can do everything that IBM SPSS Modeler can do.
B. IBM SPSS Modeler can use and augment R.
C. IBM SPSS Modeler and R are incompatible.
D. R has powerful deployment capabilities.
Correct Answer: B

 

QUESTION 8
A prospect wants to better predict who will respond to his marketing campaigns. He is currently evaluating a variety of
solutions. According to BANT, what information is needed to determine if this opportunity is viable?
A. Identify Authority to Purchase, Determination of Timeline for Acquisition, Assessment of Need, Confirmation of
Budget
B. Identify Authority to Purchase, Estimation of Return on Investment, Services, and Training Needs Assessment,
Confirmation of Budget
C. Identify Authority to Purchase, Estimation of Return on Investment, Determination of Market Segment Application.
Confirmation of Budget
D. Services and Training Needs Assessment, Determination of Market Segment Application, Assessment of Need,
Determination of Timeline for Acquisition
Correct Answer: B

 

QUESTION 9
Which capability is NOT included in the price of IBM SPSS Modeler Gold?
A. R integration
B. Automated model refresh
C. Campaign optimization
D. Real-time scoring
Correct Answer: B
reference: http://www-01.ibm.com/software/analytics/spss/products/modeler/

 

QUESTION 10
Which is NOT a competitor for IBM SPSS Modeler?
A. RapidMiner
B. R
C. SAS
D. Tableau
Correct Answer: D

 

QUESTION 11
Which pain point of business executives is best addressed by IBM SPSS Modeler?
A. The need to make smarter decisions at all levels of the organization.
B. Rapidly increasing marketing costs.
C. Inability to automate routine analytics tasks.
D. Regulatory compliance.
Correct Answer: C

 

QUESTION 12
Which description of value would be correct to share when speaking with Sales and Marketing Executives about IBM
SPSS Modeler?
A. Improve customer intimacy, Improve cross-sell close rate, Improve customer retention
B. Improve customer growth, Improve customer retention, Improve visualization
C. Enhanced process monitoring, Advanced use of business rules, Real-time feedback
D. Improve customer intimacy, Improve customer lifetime value, Improve customer retention
Correct Answer: A

 

QUESTION 13
Which does NOT indicate an opportunity to up-sell from IBM SPSS Modeler Premium to IBM SPSS Modeler Gold?
A. Customer desires greater insight into the algorithms and approaches used to build their models.
B. Customer desires the ability to combine business logic with predictive models.
C. Customer desires to integrate predictive analytics with prescriptive analytics (optimization) to manage tradeoffs and
make the best use of scarce resources.
D. Customer desires to use advanced analytics to drive daily business processes.
Correct Answer: D

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