The analyst observed daily count of number of tweets that me…
The analyst observed daily count of number of tweets that mentioned her new product and she applied the following bass model to predict the future # of tweet. Here is her lines of codes. temp = diffusion(tab$Daily_count[1:60])pred = predict(temp, 24) 1) Please explain these two lines of code. Please be brief 2) What does p capture when we apply bass model to study social media data? 3) What does q capture when we apply bass model to study social media data? bass model Parameters: Estimate p-value p – Coefficient of innovation 0.008 NA q – Coefficient of imitation 0.001 NA m – Market potential 35175.1875 N sigma: 45.3753
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