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please answer question below 7:55 8 G A. '6) (:7 iii ..II a}: 4'- BUS 314-Maj...tant Learning Readonly . QEEQ Read Only You can't save

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7:55 8 G A. '6) (:7 iii ..II a}: 4'- BUS 314-Maj...tant Learning Readonly . QEEQ Read Only You can't save change... v prODaDIIItIes are appropriate: ...... 20pts a. Show the twoperiod tree diagram for a customer who last purchased Red Pop. What is the probability that this customer purchases Red Pop on the second purchase? b. What is the longrun market share for each of these two products? c. A Red Pop advertising 'o (a in all ,1}: 4-- Read Only You can't save change... v last purchased Red Pop. What is the probability that this customer purchases Red Pop on the second purchase? b. What is the longrun market share for each of these two products? c. A Red Pop advertising campaign is being planned to increase the probability of attracting Super Cola customers. Management believes that the new campaign will increase the pmbalEg ' Salas.\" "E;}'L'o;kup switch.-- _-,-__ ___- Red Pop is 0.15. What is the projected effeb CO the advertising campaign on the market shares? 7:56 4 2.2 K/s 1 85 BUS 314-Maj...tant Learning - Read-only H . . . Read Only - You can't save change... V midterm exam. 1. Management of the New Fangled Softdrink Company believes that the probability of a customer purchasing Red Pop or the company's major completion, Super Cola, is based on the customer's most recent purchase. Suppose the following transition probabilities are appropriate: ...... 20pts FROM TO Red Super Pop Cola Red Pop 0.9 0.1 Super 0.1 0.9 O O

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