C2020930 IBM SPSS Modeler Professional v3 Free Practice Test — 30 Questions

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Question 1 of 30

Consider a scenario where a financial institution has deployed a customer churn prediction model built using IBM SPSS Modeler Professional v3, which initially relied on historical transaction data and demographic profiles. The business now requires the model to incorporate real-time customer interaction data from a new digital platform and redefine \"churn\" to include users who have not accessed the platform in the last 30 days, irrespective of their transaction history. Which of the following actions would be the most effective and efficient approach to adapt the existing model to these evolving requirements?

Integrate new real-time interaction features into the existing model's feature set, update the target variable definition in the dataset, retrain the model using the revised data, and establish a continuous monitoring process for performance and drift.
Discard the existing model entirely and develop a completely new model from scratch using only the real-time interaction data and the updated churn definition, as the original data is no longer representative.
Focus solely on cleaning and reformatting the historical transaction data to align with the new 30-day inactivity definition, without incorporating any new real-time interaction features, assuming this will sufficiently update the model.
Modify the existing model's parameters to implicitly account for the new definition of inactivity, without adding new features or retraining, to maintain the model's original structure and computational efficiency.

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