Choose incorrect explanations when you work on identifying the new market. $($Choose two$)$

To identify the new market, categorizing states $($regional level$)$ helps managers to set up efficient market planning because consumers living in close enough states have similar tendencies.

To identify the new market, you should compare the growth rate first and then compare their market size and market share.

When you compute the subtotal for each region, you can use the "sub total" function in excel for all metrics $($raw population, growth rate, and net increase$).$

To identify the new market, you need to compute the projected population, growth rates, and net increases over time.