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You have landed a top new client from the electronics industry: IBN. They want to maintain leading market share against a competitor that is generating
You have landed a top new client from the electronics industry: IBN. They want to maintain leading market share against a competitor that is generating aggressive customer loyalty. Here is the contextual information from a recent IBN survey: If a person buys a computer from IBN's rival Jicama, there is an 80% chance that their next computer purchase will also be from Jicama. If a person buys a computer from IBN, there is a 70% chance that their next computer purchase will also be from IBN o o From the provided client information, include the following deliverables in a professional report: A matrix with equations that describes this situation. A computation for the trend in 6 years (assume a person purchases a computer every 3 years) A computation for long term trends. A prediction for the long term market share trend. a. b. c. d. You have landed a top new client from the electronics industry: IBN. They want to maintain leading market share against a competitor that is generating aggressive customer loyalty. Here is the contextual information from a recent IBN survey: If a person buys a computer from IBN's rival Jicama, there is an 80% chance that their next computer purchase will also be from Jicama. If a person buys a computer from IBN, there is a 70% chance that their next computer purchase will also be from IBN o o From the provided client information, include the following deliverables in a professional report: A matrix with equations that describes this situation. A computation for the trend in 6 years (assume a person purchases a computer every 3 years) A computation for long term trends. A prediction for the long term market share trend. a. b. c. d
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