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Use the data to Q1. Estimate the parameter p and q in Bass Model. Q2. Compute the time and value of peak sales. Year
- Q1. Estimate the parameter p and q in Bass Model.
- Q2. Compute the time and value of peak sales.
| Year | Sales (00s) |
| 1990 | 164 |
| 1991 | 276 |
| 1992 | 578 |
| 1993 | 1604 |
| 1994 | 3435 |
| 1995 | 5785 |
| 1996 | 8500 |
| 1997 | 12000 |
| 1998 | 15000 |
| 1999 | 18000 |
| 2000 | 20000 |
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Business Statistics For Contemporary Decision Making
Authors: Black Ken
8th Edition
978-1118494769, 1118800842, 1118494768, 9781118800843, 978-1118749647
