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- Fri Aug 31, 2012 9:51 am
- Forum: Estimation
- Topic: Fit a lognormal curve to generate priceband
- Replies: 1
- Views: 1769
Fit a lognormal curve to generate priceband
I have two variables namely Price-band and Percentage. Price-band represents the lower bound of a price range (e.g. 500 means 500<price<600). Percentage represents the Market Share of product "A" sold in a particular price range, and they add up to 1. The Percentage looks very much like a ...