8 If there is no past adoption data for a newproduct category, what's an alternativeapproach to adoption analysis?A. One can use an analogous product toestimate the coefficients of innovation andimitation (p & q) to determine possiblegrowth pattern and use a rough estimate ofmarket size to forecastB. One can use an analogous product toestimate the potential market size (m) anduse rough estimates of the coefficients ofinnovation and imitation (p & q) to forecastC. If there is no data for a new productcategory, then no adoption analysis ispossibleD. None of the above

Given that if there is no past adoption data for a new product catagory than we have to write what's…

Answered: If there is no past adoption data for a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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a) Genenesis Dispensary is contemplating of opening a new branch in Mwanza. If the medical for medical service is favourable, Genesis could realize a net profit of Tsh.100 million. On the other hand, if the market turn out to be unfavourable, it can end up losing Tsh. 40 million. Of course, Genesis may opt not to persue this option of expanding its operations. In the absence of data from which to base its decision, te best guess for Gensis is equally likely that the dispensary will either be successful or unsuccessful Required: i) Use the decison tree approach, what decison should Genesis Dispensary take b) Market research firm named, Easy Market Access approach Genesis with an offer to undertake a study of Mwanza medical service market at a fee of Tsh. 5 million. Easy Market Access claims that their experience enables them to use Bayes’ Theoremn to make the following statements about different state of the market: ▪ Provide that the study is favourable, the probability of favourable…
When companies are designing a new product, one of the steps typically taken is to see how potential buyers react to a picture or prototype of the proposed product. The product-development team for a notebook computer company has shown picture A to a large sample of potential buyers and picture B to another, asking each person to indicate what they "would expect to pay" for such a product. The data resulting from the two pictures are provided in file (sheet 6). Using the 0.05 level of significance, determine whether the prototypes might not really differ in terms of the price that potential buyers would expect to pay. Sheet 6 ComputerA ComputerB 3 317 2 965 2 680 3 083 3 286 3 137 2 859 2 950 2 693 3 161 2 945 2 918 2 908 3 158 3 193 3 082 3 240 2 903 3 040 3 103…
Suppose that PTPTN would like to investigate if the repayment score and income level of an individual are independent of one another. PTPTN selected a random sample of 164 employed adults and asked them to report their repayment score and their income range. The repayment score is measured based on the overdue of student loan repayment in months and the following contingency table presents these results: a. Set up the competing hypotheses to determine if the repayment score and income level are dependent. b. What is the degree of freedom for the test?c. Calculate the value of the test statistic (?2). d. Compute the p-value. e. Does the evidence suggest the repayment score and income level are dependent at the 1% significance level?
A suburban hotel derives its revenue from its hotel and restaurant operations. Theowners are interested in the relationship between the number of rooms occupied on anightly basis and the revenue per day in the restaurant. Below is a sample of 25 days(Monday through Thursday) from last year showing the restaurant income and numberof rooms occupied.
Suppose that PTPTN would like to investigate if the repayment score and income level of an individual are independent of one another. PTPTN selected a random sample of 164 employed adults and asked them to report their repayment score and their income range. The repayment score is measured based on the overdue of student loan repayment in months and the following contingency table presents these results: a. Compute the p-value.b. Does the evidence suggest the repayment score and income level are dependent at the 1% significance level?
The advocacy group Consumers Concerned About Cereal Cheaters (CCACC) suspects that cereal companies, including Oxford Cereals, are cheating consumers by packaging cereals at less than labeled weights. Recently, the group investigated the package weights of two popular Oxford brand cereals. Open CCACC.pdf to examine the group’s claims and supporting data,and then answer the following questions: Are the data collection procedures that the CCACC uses to form its conclusions flawed? What procedures could the group follow to make its analysis more rigorous? Assume that the two samples of five cereal boxes (one sample for each of two cereal varieties) listed on the CCACC website were collected randomly by organization members. For each sample, calculate the sample mean. assuming that the standard deviation of the process is 15 grams and the population mean is 368 grams, calculate the percentage of all samples for each process that have a sample mean less than the value you calculated in…
During the Covid crisis, there were lockdowns and working-from-home, which made collecting data on unemployment more challenging. Researchers from Heriot Watt University conducted a survey of 400 individuals in the labour force to assess rise in unemployment in September 2020. The object was to find out whether the unemployment rate had risen above a benchmark proportion of 6 per cent of the labour force in Malaysia. Of the surveyed persons, 34 reported being unemployed in the week prior to the survey. Conduct a two-tailed test of whether unemployment rate during this period was 6 per cent. Set out your null and alternative hypotheses, significance level, test statistic, assumptions and sampling distribution clearly. Conduct the test and comment on the economic significance of the findings
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A development corporation purchased land that will be the site of a new luxury condominium complex. Management is considering a six month market research study designed to learn more about potential market acceptance of the condominium project. Management anticipates that, if conducted, the market research study will provide one of the following two results. 1. Favorable report (F): A significant number of the individuals contacted express interest in purchasing a condominium. 2. Unfavorable report (U): Very few of the individuals contacted express interest in purchasing a condo- minium. After deciding whether to conduct the market research study, they have the following two decision alternatives. d1 = a small complex with 30 condominiumsd2 = a medium complex with 60 condominiumsFollowing this, a chance event concerning the demand for the condominiums has two states of nature. s1 = strong demand for the condominiumss2 = weak demand for the condominiumsThe payoffs, probabilities, and…
A development corporation purchased land that will be the site of a new luxury condominium complex. Management is considering a six month market research study designed to learn more about potential market acceptance of the condominium project. Management anticipates that, if conducted, the market research study will provide one of the following two results. 1. Favorable report (F): A significant number of the individuals contacted express interest in purchasing a condominium. 2. Unfavorable report (U): Very few of the individuals contacted express interest in purchasing a condo- minium. After deciding whether to conduct the market research study, they have the following two decision alternatives. d1 = a small complex with 30 condominiumsd2 = a medium complex with 60 condominiumsFollowing this, a chance event concerning the demand for the condominiums has two states of nature. s1 = strong demand for the condominiumss2 = weak demand for the condominiumsThe payoffs, probabilities, and…
Explain in detail the approach of Weighted Least Square used by applied economiststo address heteroskedasticity in empirical work.
Use one of the following key terms to answer each of the following questions. KEY TERM BANK (separated by commas): Univariate, Multivariate, meta-analysis, F-ratio, interaction, main effect Question: This describes the effect of a single variable as if there were no other variables in the study.

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