Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question: For much of the past decade, online-gaming companies spent millions of dollar developing and releasing massively multiplayer online (MMO) games. Many of these companies implemented a "subscription model," whereby gamers pay set monthly fees (prices) to play. Prior to 2012, this subscription model had been extremely profitable. But today that is in jeopardy. Revenues from subscription-model MMO games are expected to drop to $6.6 billion, following lower monthly fees and fewer subscribers which of the answer choices best explains these occurrences in the subscription-model MMO games market?

A. Online-gaming com have invested around $300 million in their companies since 2012. The reason for this large sum is that online-gaming companies expect decreasing future prices of subscription-model MMO games.

B. Because of increases in computing power, thousands of players are able to compete and cooperate with each other simultaneously from locations around the globe. This critical mass of gamers creates a for games based on the subscription model.

C. More online gaming companies are moving to a "free-to-play model". where online games are now offered by the companies for free. The free-to-play model and the subscription model are substitutes in consumption.

D. Some online-gaming companies are hiring more marketing employees to promote their subscription-model MMO games. Despite the higher input costs, the companies expect greater gaming utilization by introducing features and characters based on data that gamers suggest.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92586083

Have any Question?


Related Questions in Statistics and Probability

Suppose a firm uses sales teams to market their products

Suppose a firm uses sales teams to market their products. For example, a construction equipment manufacturer may assign three sales agents to a team so each team member can specialize in particular product functions (e.g ...

An egg farmer wanted to determine if increasing the amount

An egg farmer wanted to determine if increasing the amount of time the lights were on in his hand house would increase egg production. For example of 8 chickens he determined the production before and after increasing th ...

We would like to estimate the true average age of customers

We would like to estimate the true average age of customers for a particular company. How large would the sample size need to be for the margin of error (based on 95% confidence) to be 1 year? Suppose that, based on prev ...

What is the sample size for studies with moe of -35 and -28

What is the sample size for studies with MOE of +/-3.5% and +/-2.8%?, with a confidence level of 95%, sample statistics of .50? Please show work.

Medical researchers studying the effects of a low carb diet

Medical researchers studying the effects of a low carb diet versus a normal diet randomly assigned obese patients to one of the two diets. The patients were followed up with after several months and the amount of weight ...

Given the following partial relative frequency

Given the following partial relative frequency table Republican Democrat Independent Male 0.174 0.124 0.178 Female 0.126 0.106 ? Compute P(Republican | Male), and enter your answer with 3 decimal places. show working ple ...

1 what is the price of a semiannual 1000 par value bond

1) What is the price of a semiannual $1,000 par value bond with four years left until maturity that pays a coupon of 3.75% and is yielding 5.25%? What would it be yielding if the price decreased to $973.47? Assume semian ...

A researcher wants to determine if there is a relationship

A researcher wants to determine if there is a relationship between media outlet (social media, newspapers, and radio) and interest in media by population group (youth, young adults, and older adults). What type of statis ...

What is correct alternative hypothesis for the claim that

What is correct alternative hypothesis for the claim that the average professional basketball player is at least 6' 9" tall. And Answer "True" if the statement is always true. If the statement is not always true, replace ...

Ages of ceos of companies throughout the united states and

Ages of CEOs of companies throughout the United States, and answer the questions that follow. Event A : CEO is under 40  Event B : CEO is at least 30  Event C : CEO is in his or her 50s  Event D : CEO is under 60 1. Even ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As