Introduction to the Practice of Statistics: w/CrunchIt/EESEE Access Card
8th Edition
ISBN: 9781464158933
Author: David S. Moore, George P. McCabe, Bruce A. Craig
Publisher: W. H. Freeman
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Chapter 3, Problem 119E
To determine
To explain: A report on the opinion on Online Behavioral Advertising.
Expert Solution & Answer
Answer to Problem 119E
Solution: The company should take informed consent before collecting data from the respondents. The company should also confirm that the data is used securely in the study and will be discarded after the completion of the study.
Explanation of Solution
In Online Behavioral Advertising, data about the online activity of individuals is recorded and different companies use the data to determine which advertisements should be targeted to a particular customer.
The four governing principles of data collection can be classified as transparency and control; security and data retention; privacy; and sensitive data.
Before collecting the data, the company should take informed consent. The procedure of data collection and the type of data to be collected should be stated clearly. It helps the company to keep transparency in the data collection process and also helps the company handle sensitive data. Consent should be taken from the respondents for ethical reasons because collection of data regarding the online behavior of the respondents without informing them is unethical.
If data about any personal details is collected from the respondents for the sake of the study, then the company should provide proper security to keep the data protected. The company should confirm to the respondents that the data from the study will be used by the company only and it will be discarded after the end of the study.
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Students have asked these similar questions
ons
12. A sociologist hypothesizes that the crime rate is higher in areas
with higher poverty rate and lower median income. She col-
lects data on the crime rate (crimes per 100,000 residents),
the poverty rate (in %), and the median income (in $1,000s)
from 41 New England cities. A portion of the regression results
is shown in the following table.
Standard
Coefficients
error
t stat
p-value
Intercept
-301.62
549.71
-0.55 0.5864
Poverty
53.16
14.22
3.74 0.0006
Income
4.95
8.26
0.60 0.5526
a.
b.
Are the signs as expected on the slope coefficients?
Predict the crime rate in an area with a poverty rate of
20% and a median income of $50,000.
3. Using data from 50 work
2. The owner of several used-car dealerships believes that the
selling price of a used car can best be predicted using the car's
age. He uses data on the recent selling price (in $) and age of
20 used sedans to estimate Price = Po + B₁Age + ε. A portion
of the regression results is shown in the accompanying table.
Standard
Coefficients
Intercept
21187.94
Error
733.42
t Stat p-value
28.89 1.56E-16
Age
-1208.25
128.95 -9.37
2.41E-08
a. What is the estimate for B₁? Interpret this value.
b. What is the sample regression equation?
C. Predict the selling price of a 5-year-old sedan.
ian income of $50,000.
erty rate of
13. Using data from 50 workers, a researcher estimates Wage =
Bo+B,Education + B₂Experience + B3Age+e, where Wage
is the hourly wage rate and Education, Experience, and Age
are the years of higher education, the years of experience, and
the age of the worker, respectively. A portion of the regression
results is shown in the following table. ni ogolloo bash
1
Standard
Coefficients error
t stat p-value
Intercept
7.87
4.09
1.93
0.0603
Education
1.44
0.34
4.24 0.0001
Experience
0.45
0.14
3.16
0.0028
Age
-0.01
0.08 -0.14 0.8920
a. Interpret the estimated coefficients for Education and
Experience.
b. Predict the hourly wage rate for a 30-year-old worker
with four years of higher education and three years of
experience.
Chapter 3 Solutions
Introduction to the Practice of Statistics: w/CrunchIt/EESEE Access Card
Ch. 3.1 - Prob. 1UYKCh. 3.1 - Prob. 2UYKCh. 3.1 - Prob. 3UYKCh. 3.1 - Prob. 4UYKCh. 3.1 - Prob. 5UYKCh. 3.1 - Prob. 6UYKCh. 3.1 - Prob. 7UYKCh. 3.1 - Prob. 8UYKCh. 3.1 - Prob. 9UYKCh. 3.1 - Prob. 10UYK
Ch. 3.1 - Prob. 11UYKCh. 3.1 - Prob. 12ECh. 3.1 - Prob. 13ECh. 3.1 - Prob. 14ECh. 3.1 - Prob. 15ECh. 3.1 - Prob. 16ECh. 3.1 - Prob. 17ECh. 3.2 - Prob. 18UYKCh. 3.2 - Prob. 19UYKCh. 3.2 - Prob. 20UYKCh. 3.2 - Prob. 21UYKCh. 3.2 - Prob. 22UYKCh. 3.2 - Prob. 23UYKCh. 3.2 - Prob. 25ECh. 3.2 - Prob. 26ECh. 3.2 - Prob. 27ECh. 3.2 - Prob. 28ECh. 3.2 - Prob. 29ECh. 3.2 - Prob. 30ECh. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - Prob. 33ECh. 3.2 - Prob. 34ECh. 3.2 - Prob. 35ECh. 3.2 - Prob. 36ECh. 3.2 - Prob. 37ECh. 3.2 - Prob. 38ECh. 3.2 - Prob. 39ECh. 3.2 - Prob. 40ECh. 3.2 - Prob. 41ECh. 3.2 - Prob. 42ECh. 3.2 - Prob. 43ECh. 3.2 - Prob. 44ECh. 3.2 - Prob. 45ECh. 3.2 - Prob. 46ECh. 3.2 - Prob. 47ECh. 3.3 - Prob. 48UYKCh. 3.3 - Prob. 49UYKCh. 3.3 - Prob. 50UYKCh. 3.3 - Prob. 51UYKCh. 3.3 - Prob. 52ECh. 3.3 - Prob. 53ECh. 3.3 - Prob. 54ECh. 3.3 - Prob. 55ECh. 3.3 - Prob. 56ECh. 3.3 - Prob. 57ECh. 3.3 - Prob. 58ECh. 3.3 - Prob. 59ECh. 3.3 - Prob. 60ECh. 3.3 - Prob. 61ECh. 3.3 - Prob. 62ECh. 3.3 - Prob. 63ECh. 3.3 - Prob. 64ECh. 3.3 - Prob. 65ECh. 3.3 - Prob. 66ECh. 3.3 - Prob. 67ECh. 3.3 - Prob. 68ECh. 3.3 - Prob. 69ECh. 3.3 - Prob. 70ECh. 3.3 - Prob. 71ECh. 3.3 - Prob. 72ECh. 3.3 - Prob. 73ECh. 3.3 - Prob. 74ECh. 3.3 - Prob. 75ECh. 3.3 - Prob. 76ECh. 3.3 - Prob. 77ECh. 3.3 - Prob. 78ECh. 3.4 - Prob. 79UYKCh. 3.4 - Prob. 80UYKCh. 3.4 - Prob. 81UYKCh. 3.4 - Prob. 82ECh. 3.4 - Prob. 83ECh. 3.4 - Prob. 84ECh. 3.4 - Prob. 85ECh. 3.4 - Prob. 86ECh. 3.4 - Prob. 87ECh. 3.4 - Prob. 88ECh. 3.4 - Prob. 89ECh. 3.4 - Prob. 90ECh. 3.4 - Prob. 91ECh. 3.4 - Prob. 92ECh. 3.4 - Prob. 93ECh. 3.4 - Prob. 94ECh. 3.4 - Prob. 95ECh. 3.5 - Prob. 96UYKCh. 3.5 - Prob. 97UYKCh. 3.5 - Prob. 98UYKCh. 3.5 - Prob. 99UYKCh. 3.5 - Prob. 100UYKCh. 3.5 - Prob. 101UYKCh. 3.5 - Prob. 102ECh. 3.5 - Prob. 103ECh. 3.5 - Prob. 104ECh. 3.5 - Prob. 105ECh. 3.5 - Prob. 106ECh. 3.5 - Prob. 108ECh. 3.5 - Prob. 109ECh. 3.5 - Prob. 110ECh. 3.5 - Prob. 111ECh. 3.5 - Prob. 112ECh. 3.5 - Prob. 113ECh. 3.5 - Prob. 114ECh. 3.5 - Prob. 115ECh. 3.5 - Prob. 116ECh. 3.5 - Prob. 117ECh. 3 - Prob. 118ECh. 3 - Prob. 119ECh. 3 - Prob. 121ECh. 3 - Prob. 122ECh. 3 - Prob. 123ECh. 3 - Prob. 124ECh. 3 - Prob. 125ECh. 3 - Prob. 126ECh. 3 - Prob. 127ECh. 3 - Prob. 128ECh. 3 - Prob. 129ECh. 3 - Prob. 130ECh. 3 - Prob. 131ECh. 3 - Prob. 132ECh. 3 - Prob. 133ECh. 3 - Prob. 134ECh. 3 - Prob. 135ECh. 3 - Prob. 136ECh. 3 - Prob. 137ECh. 3 - Prob. 138E
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