ptriers: Calculates the predicted prevalence of triers according to...

In ADP: Adoption Probability, Triers and Users Rate of a New Product

Description

This function develops a prediction of the triers' rate of an innovation in the market, according to the number of users.

Usage

ptriers(users)

Arguments

users

a vector of percentige (0<users<1) of known users.

Details

This function calculates the rate of triers in the population of a certain innovation according to known users rate in that population and measured in a survey.

Value

a vector of predicted percentige(0<triers<1) of triers in the population of a certain innovation according to known users rate

Author(s)

Mickey Kislev and Shira Kislev

Source

Kislev, Mickey M. & Kislev, Shira, (2020). The Market Trajectory of a Radically New Product: E-Cigarettes. IJMS 12(4):63-92, DOI:10.5539/ijms.v12n4p63

See Also

pusers, adp.t, and adp.u

Examples

# 50% rate of users
ptriers(0.5)
0.7382
# means that 74% of the population tried the product, in case that 50% of
# the population are using it.

ADP documentation built on Aug. 13, 2021, 5:09 p.m.