question archive The marketing vice president feels the probability of 0
The marketing vice president feels the probability of 0
Subject:BusinessPrice: Bought3
The marketing vice president feels the probability of 0.25 that demand for wooden toys will be high, 0.4 that demand will be moderate, and 0.2 that demand will be low. He decided to use a forecasting model that will predict the behavior of the market towards wooden toys. The forecasting model can result in three possible outcomes - outstanding, good, and...
