After a year,what will the market share for each of the three companies be? Assume = 0.10, = 0.15,and = 0.20.(Hint: Use the RISKBINOMIAL function to model how many people switch from A,then how many switch from A to B and from A to C.)

Question

After a year,what will the market share for each of the three companies be? Assume  = 0.10,  = 0.15,and  = 0.20.(Hint: Use the RISKBINOMIAL function to model how many people switch from A,then how many switch from A to B and from A to C.)

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The Answer of After a year,what will the market share for each of the three companies be? Assume  = 0.10,  = 0.15,and  = 0.20.(Hint: Use the RISKBINOMIAL function to model how many people switch from A,then how many switch from A to B and from A to C.)

After a Year,what Will the Market Share for Each of the Three