Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume your company wants to publish some ads in Facebook to advertise its products: beer. For each ad, you pay FB equivalent of $0.50 total.

Assume your company wants to publish some ads in Facebook to advertise its products: beer. For each ad, you pay FB equivalent of $0.50 total. If a customer purchases your beer, you make $3 (This doesn't include the ad cost). You can choose which customer will receive the ad based on a model you developed previously. You want to make sure, for each ad you publish, at least you make $2. Which group of people in your dataset will you target

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Exploring Public Relations And Management Communication

Authors: Ralph Tench, Stephen Waddington

5th Edition

1292321741, 9781292321745

More Books

Students also viewed these Finance questions

Question

a cognitive reaction to the anticipation of future misfortune.

Answered: 1 week ago