If there is no past adoption data for a new product category, what's an alternative approach to adoption analysis? A. One can use an analogous product to estimate the coefficients of innovation and imitation (p & q) to determine possible growth pattern and use a rough estimate of market size to forecast B. One can use an analogous product to estimate the potential market size (m) and use rough estimates of the coefficients of innovation and imitation (p & q) to forecast C. If there is no data for a new product category, then no adoption analysis is possible D. None of the above

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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If there is no past adoption data for a new
product category, what's an alternative
approach to adoption analysis?
A. One can use an analogous product to
estimate the coefficients of innovation and
imitation (p & q) to determine possible
growth pattern and use a rough estimate of
market size to forecast
B. One can use an analogous product to
estimate the potential market size (m) and
use rough estimates of the coefficients of
innovation and imitation (p & q) to forecast
C. If there is no data for a new product
category, then no adoption analysis is
possible
D. None of the above
Transcribed Image Text:If there is no past adoption data for a new product category, what's an alternative approach to adoption analysis? A. One can use an analogous product to estimate the coefficients of innovation and imitation (p & q) to determine possible growth pattern and use a rough estimate of market size to forecast B. One can use an analogous product to estimate the potential market size (m) and use rough estimates of the coefficients of innovation and imitation (p & q) to forecast C. If there is no data for a new product category, then no adoption analysis is possible D. None of the above
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