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Three brands of beer on sale in the tiny town of Robeeton. The
brand-switching behavior of any customer buying beer in this market next year is expected to be as follows: €¢ for a customer who buys beer A in a week, the probability that in the next week he will buy beer A is 0.90, beer B is 0.06 and beer C is 0.04; €¢ for a customer who buys beer B in a week, the probability that in the next week he will buy beer A is 0.12, beer B is 0.78 and beer C is 0.10; €¢ for a customer who buys beer C in a week, the probability that in the next week he will buy beer A is 0.09, beer B is 0.07 and beer C is 0.84. Paul Adam is a customer who bought beer A this week. Sketch below the model you have set up for Paul Adams beer purchase behavior for the next few weeks, showing table layout and cell formulas. |