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Can we have some clarification on what "Usage Data" the app collects and shares with advertisers?
The data is less about what you are personally doing and more things like which device does a user have, which country is a user from, how often do they use the app, and how often do they click on ads.
You can dig more into what admob means by usage data here: https://support.google.com/admob/answer/9263723