In: Economics

*Is it unethical for a marketer to target children below a
certain age?*

**Soln.** Any activity which is not moral and
creates harm to others is treated unethical. Children are innocent
and do no have enough maturity to understand the things correctly.
They believe in what they see. They think, what they see is real.
They are very easy to be influenced. Marketers take advantage of
these group of population and creates superficial advertisement to
influence children to buy and use their products. Since, marketers
try to sell products through some immoral ways, their ways of
targeting children below certain age is unethical. Marketers are
very much aware of the fact that children of certain age cannot
differentiate between reality and the advertisement but still they
tries to showcase their products and force the children of certain
age to purchase. Their ways of influencing children is not
justifiable and moral. Based on these behavior of marketers, their
ways of targeting children of certain age group to sell their
products is unethical.

Children of a certain age in the nation have an average weight
of 85 with a standard deviation of 9.5 lb. A complaint is made that
children are improperly fed in a boarding school. As evidence, a
sample of 14 children of the given age is taken from the boarding
school with an average weight of 89.44 lb. What can be concluded
with an α of 0.05?
a) What is the appropriate test statistic?
-na
z test
one sample t...

What should a marketer do if, in choosing target segments, he or
she runs out of attractive segments to add to the list of targeted
segments and it does not appear that objectives can be met?

In target marketing, the goal is to target certain customers for
promotions. A promotion might consist of mailing a special
catalogue to a customer. Firms maintain large databases of
information on their customers. One of the most useful variables is
frequency of purchases; i.e., how often a customer makes a
purchase. A customer is randomly chosen from the record of existing
customers and sent a special catalogue. Let N represent a random
variable that takes value 1 if a customer...

Based on a sample data of 64 children mean age of children in
the summer camp A is 12,4 years with Standard deviation 3 years.
Estimate the average age of children in whole population.
Population size is 8100
a) Find the point estimation for average age
b) With 95% confidence, what is the margin of error? With 90%
confidence, what is the margin of error?
c) What is the 95% confidence interval estimate of the population
mean (mean children age...

1319 school children were evaluated at
age 12 and at age 14 for the prevalence of severe colds. There were
356 children who had severe colds at age 12, and 468 who had severe
colds at age 14. There were 212 children who had severe colds at
both ages. Do school children tend to have more severe colds when
they are younger?
Build a two-way table displaying the information above.
Run McNemar’s test using the binomial distribution to see if...

You have estimated the effects of the age of children, women’s
age in years, years of schooling, unemployment rate in the county
of residence, and whether the woman lives in metropolitan area on
the woman’s probability of being in labor force. In Table 2, column
1 shows the coefficients from the linear probability model, column
2 shows the coefficients from a probit model, and column 3 shows
the coefficients from a logit model.
Interpret coefficients on variables: # kids <...

Peter Nelson, age 36, and Connie Nelson, age 34, are married
with 2 children, Robert, age 4, and Mary, age 2. Peter is a senior
executive with Mega Corporation where he has an extensive benefits
package including an endorsement method split-dollar life insurance
plan, group disability income insurance, group long-term care
insurance, group term life insurance ($70,000), nonqualified
deferred compensation, stock options, group dental and vision
insurance, a Section 401(k) plan, and group medical expense
insurance.
Connie has a middle...

Obesity in school-age children has increased substantially and
affects nearly 20% of children. This is a serious condition that
can have immediate negative effects that can follow a child through
their entire life. Describe 6 environmental
factors or other choices that increase the risk of obesity,
7 negative health effects associated with obesity,
and 8 ways to prevent childhood obesity.
Environmental Factors/Choices that Lead to Obesity
Negative Health Effects of Obesity
Prevention of Obesity
a)
a)
a)
b)
b)
b)...

Certain economists argue that fractional reserve banking is
fraudulent or unethical. Make an argument in support of this
statement. Now make an argument against this statement.

Georgette is single, age 66, with 2 dependent children under the
age of 12, and 2 dependents over age 18 and in college.
Her income is as follows:
Wages from employment $85,000 with taxes withheld of $6,400
Interest from Regions bank $100
Interest from city of Jackson Municipal Bonds $800
Insurance Life Insurance proceeds from dead brother $100,000
Gambling Winnings $4,500
Capital loss on sale of IBM stock $6,000
?
?
He also incurred the following:
?
Medical expenses (before...

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