Question: 3 . It happened, we now live in the time of Star Trek ( 2 0 5 0 ) and can use the teleporter to

3. It happened, we now live in the time of Star Trek (2050) and can use the teleporter to be beamed anywhere we desire to go. The system allows you to be teleported to any point on planet Earth in less than 3 hours (3 hours and 40 minutes if you carry a pet with you, but beware: there is a 5% probability of genetic blending at destination). It is projected that about 5 billion humans (exactly a third of the Earths population in 2050) constitutes the total potential market for this invention.
3.1. By the end of the first year, there are 200 million new adopters. What does this tell you about the coefficient of innovation (p), assuming that the process of diffusion follows the pattern of a Bass model? In other words, p =_____?

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