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  • Modelling Technology Adoption for segments of the Population

    My task is to model adoption of new technology A given the old technologies B and C. I assume that a certain proportion of individuals from B and C may choose to switch to new technology. Thus, there binary choice 0/1 for technology adoption. Which model can I use to determine how many will switch from each cohort to adopt??? Will it be correct to apply a Binomial/Beta Binomial distribution???

    Kindly assist

  • #2
    Paul:
    welcome to this forum.
    If what follows applies, please note (if it does not, please discards with apologizes from my side) that, as per FAQ:
    a) real given and family names are preferred on this forum;
    b) posting queries related to class/home assignments is not recommended;
    c) the most fruitful way to obtain positive replies is to share an example/excerpt of your dataset via -dataex-.

    That said, if you want to go bayesian, the sequence of the coniugacy should be: beta (prior), binomial (likelihood), beta(posterior).
    Kind regards,
    Carlo
    (Stata 19.0)

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