Which of the following conclusions can be drawn from the below figure using the Bass forecasting model?

(Note: Bass forecasting model is given by: Ft = (p + q[Ct – 1 /m]) (mCt – 1),

where m = the number of people estimated to eventually adopt the new product,
Ct – 1 = the number of people who have adopted the product through time t – 1,


q = the coefficient of imitation, and

p = the coefficient of innovation.)


![6380|333x232](upload://fCJSxwpuaBhaGlGzNltUY7cyJcL.png)

a.
q < p

b.
q > p

c.
m < q

d.
p > m

a

Business

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