Question 9 B1: Microsoft is planning to introduce a new technology product in the market . To study the diffusion pattern of this technology, Microsoft has decided to use the following set of parameters: Coefficient of innovation (p) =0.05 Coefficient of imitation (q): = 0.1 Based on this information, how long does it take in terms of the number of years (time periods, t) for more than 50% of the potential market to adopt this technology?

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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Question 9
B1: Microsoft is planning to introduce a new technology product in the
market . To study the diffusion pattern of this technology, Microsoft has
decided to use the following set of parameters:
Coefficient of innovation (p) =0.05
Coefficient of imitation (q): = 0.1
Based on this information, how long does it take in terms of the number of
years (time periods, t) for more than 50% of the potential market to adopt
this technology?
p
O words </> /
Transcribed Image Text:Question 9 B1: Microsoft is planning to introduce a new technology product in the market . To study the diffusion pattern of this technology, Microsoft has decided to use the following set of parameters: Coefficient of innovation (p) =0.05 Coefficient of imitation (q): = 0.1 Based on this information, how long does it take in terms of the number of years (time periods, t) for more than 50% of the potential market to adopt this technology? p O words </> /
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