Free Pegasystems PEGACPDS88V1 Practice Exam with Questions & Answers | Set: 5

Pega Decision Management Reference:

To build a predictive model, use Pega Decision Management. Pega Decision Management is a tool that enables businesses to make informed decisions based on data and analytics.

 The Monte Carlo method enables the company to generate data that simulates customer behavior and can be used as input for adaptive decisioning. The generated data is based on predefined probabilities and distributions that reflect realistic scenarios. References: https://academy.pega.com/module/demonstrating-adaptive-learning-archived/topic/creating-monte-carlo-data-set