(6 points) State how much you would bid in the paid search a…
(6 points) State how much you would bid in the paid search auction for each campaign. Clearly explain: the assumptions you use to determine your bid, how you calculate or justify the bid amount, and whether your bidding strategy differs across the two campaigns.
Read DetailsFor questions 5–8, assume we have a dataset with 1.4 million…
For questions 5–8, assume we have a dataset with 1.4 million rows of the following form: Treatment sales past_sales gender Age saw_ads 1 $30.05 0 female 36 1 0 0 0 female 25 1 1 0 0 female 67 1 0 $7.18 0 female 52 1 0 0 $9.21 female 72 1 1 0 0 female 54 0 0 $17.07 0 female 23 1 … … … … … … Question #8: Suppose you estimate the following experimental differences: -$0.03 ($0.24 st. err.) = [Avg past_sales if Treatment=1] – [Avg past_sales if Treatment=0] -$0.44 ($0.31 st. err.) = [Avg past_sales if Treatment=1 & saw_ads=1] – [Avg past_sales if Treatment=0 & saw_ads=1] Which of the following would be your preferred ad effectiveness estimator?
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