What Is the FTC Recommendation Regarding Choice as It Relates

question 8

Multiple Choice

What is the FTC recommendation regarding choice as it relates to personally identifiable information (PII) ?

• A) Require firms to have consumers affirmatively opt-in before PII is collected.
• B) Require firms to allow consumers to opt-out before PII is collected.
• C) Make collection of PII illegal.
• D) Require robust notice only before PII is collected.

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Definitions:

Salary

The fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee.

Studentized Residuals

Residuals from a regression analysis that have been standardized to have a mean of zero and a standard deviation of one.

R-Squared

A statistical measure that represents the portion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.

Sum of Squares

A statistical technique used to describe the total variation of a dataset by summing the squares of the differences from the mean.