Problem 2 [Sales available for a few years] It has been eight years since you launched a new consumer durable product. The annual sales (\# units sold in '000) accrued in these eight years is given in the adjoining table. (a) Estimate the Bass Model (parameters p,q, and M ) using these sales data [use regression for the estimation]. (b) Forecast sales (\# units sold in '000) from 2023 up to year 2029 and plot the forecast. (c) Change p,q, and M and see how the diffusion pattern changes. [Please note that you do not need to turn in this part (c) of the assignment, part (c) of this problem is meant for your own consumption]. Problem 2 [Sales available for a few years] It has been eight years since you launched a new consumer durable product. The annual sales (\# units sold in '000) accrued in these eight years is given in the adjoining table. (a) Estimate the Bass Model (parameters p,q, and M ) using these sales data [use regression for the estimation]. (b) Forecast sales (\# units sold in '000) from 2023 up to year 2029 and plot the forecast. (c) Change p,q, and M and see how the diffusion pattern changes. [Please note that you do not need to turn in this part (c) of the assignment, part (c) of this problem is meant for your own consumption]