Solved

Which of the Following Conclusions Can Be Drawn from the Below

Question 56

Multiple Choice

Which of the following conclusions can be drawn from the below figure using the Bass forecasting model? (Note: Bass forecasting model is given by: Ft = (p + q[Ct - ₁ /m]) (m - Ct - ₁) ,
Where m = the number of people estimated to eventually adopt the new product,
Ct - ₁ = the number of people who have adopted the product through time t - 1,
Q = the coefficient of imitation, and
P = the coefficient of innovation.)
Which of the following conclusions can be drawn from the below figure using the Bass forecasting model? (Note: Bass forecasting model is given by: F<sub>t</sub> = (p + q[C<sub>t</sub> - ₁ /m])  (m - C<sub>t</sub> - ₁) , Where m = the number of people estimated to eventually adopt the new product, C<sub>t</sub> - ₁ = the number of people who have adopted the product through time t - 1, Q = the coefficient of imitation, and P = the coefficient of innovation.)    A)  q < p B)  q > p C)  m < q D)  p > m


A) q < p
B) q > p
C) m < q
D) p > m

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions