Answered: TABLE 13 Year Competitor Entered Drop…

Engineering

Computer Science

TABLE 13 Year Competitor Entered Drop in Share 2 21 3 17 4 15 5 13 6 12 2 20 4 16 5 12 6 11 7 10 8 9. 8 10 10 9. 12 8

Oracle 12c: SQL

3rd Edition

ISBN:9781305251038

Author:Joan Casteel

Publisher:Joan Casteel

Chapter5: Data Manipulation And Transaction Control

Section: Chapter Questions

Problem 7HOA

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Question

You are trying to model what fraction of market share anew drug will lose the year a competitor comes in. Table 13gives information for similar drugs. For example,competition for one drug entered the market 2 years afterour drug, and we then lost 21% of our market share. Howwould you model the effect of competition on our productsales?

TABLE 13
Year
Competitor
Entered
Drop in
Share
2
21
3
17
4
15
5
13
6
12
2
20
4
16
5
12
6
11
7
10
8
9.
8
10
10
9.
12
8

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