Question

You have landed a top new client from the electronics industry: IBN. They want to maintain leading market share against a competitor that is generating aggressive customer loyalty. Here is the contextual information from a recent IBN survey: If a person buys a computer from IBN's rival Jicama, there is an 80% chance that their next computer purchase will also be from Jicama. If a person buys a computer from IBN, there is a 70% chance that their next computer purchase will also be from IBN o o From the provided client information, include the following deliverables in a professional report: A matrix with equations that describes this situation. A computation for the trend in 6 years (assume a person purchases a computer every 3 years) A computation for long term trends. A prediction for the long term market share trend. a. b. c. d.

Answer 1

CA) Given clta ts hance the ces perso purchase ace 0% O. 047S

CC Long tem tedi sCalulated a folloot State Nectos fo ast e have to caleuiate 83 20.3 o 2 ) O2O3 So ttat vect p-13) is the ste ich gete tem tend state veco D e predicti fe the la teim snorket