Question: explain the answer please An assessor model was built for a new Soda drink. An experiment was conducted to understand the customers' trial behavior Results

explain the answer please An assessor model was built for a

explain the answer please

An assessor model was built for a new Soda drink. An experiment was conducted to understand the customers' trial behavior Results show that long-run probability of trial given 100% awareness is 25%, while long-run probability of awareness is 80%. The product wide available in 89% of the stores. About 30% of customers received a free sample, it is expected that 90% of them will use the sample Calculate the long-run cumulative trial rate. (2) Select one: a. 45% b. 40% C.33% d. 1896 e. 3805

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

An assessor model was built for a new snack food. An experiment was conducted to understand the customers' repeat-purchase behavior which shows that probability that a customer who tried other...

Criteria Exemplary 6 points Accomplishe d 4.8 points Developing 3.6 points Beginning Minimum Below Standards 2.4 points 1.2 points Formulated, wrote, interpreted, argued, and evaluated...

This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution as requested by the work's original creator or licensee. 1...

Tips from The Stuff of Heroes! The following is an excerpt from The Stuff of Heroes, by William Cohen, a retired Air Force major general. In the book Cohen includes dozens of inspiring stories from...

Given that P1A B2 = .4 and P1A B2 = .8, find P1B2. 3.100 From a production batch with 16 items, 8 items are randomly selected for quality assurance. In how many different ways can the sample be...

London School of Science & Technology Qualification Unit number and title BTEC Level 5 HND Diploma Business UNIT 6: Business Decision Making Student name and ID number Assessor name Al Hassan Barrie...

Read Chapter 1: A Burger, Fries, and a Side of Improv from the Applied Improvisation textbook (see Syllabus on Canvas for complete textbook information) and write in your learning journal on Google...

Chapter 9 Performance Management Skills A leader becomes complete only after giving something back. LAURENCE S. LYONS LEARNING OBJECTIVES By the end of this chapter, you will be able to do the...

Read Chapters 1,2,4,7 and Write a 800 - 1000 word Reflection Paper Grading : ?Thoughtfulness?Reactions,personal experiences,criticisms, etc. ?Application to your futureprofessional(and personal)life...

Student Name Enrolled ID. No MS 7004 Independent Study MS 7002 Thesis 1. Title: 2. Type of Research: 3. Background of the Research: 4. Research Objectives: 5. Research Questions: 6. Variables:...

H, age 45, and W, age 43, are married with a 5-month-old son. H and W always file jointly. H is the vice president of a local bank and is paid a salary of $95,000. W is registered nurse at a large...

Define Accuracy?

3 . A company is contemplating a long - term bond issue. Identify those items below which would benefit them should they choose to include a call provision. A ) The company could take advantage of...

Questions Q1. Write a Python program to retrieve the first and last colors from the following list: color_list = ["red", "green", "white", "blue", "black") Q2. Given the following dictionary,...

2. An economy without population growth or technological progress has the production function y = 20k1/2. The current capital stock is 100, and the depreciation rate is 12 percent. For income per...

6. If the economy has more capital than in the Golden Rule steady state, reducing the saving rate will steady-state income and steady-state consumption. a. increase, increase b. increase, decrease c....

1. Which of the following production functions has constant returns to scale? a. Y = K + L b. Y = K2 + L c. Y = K2L d. Y = K1/3L1/3