How does the presence of uncertainty
affect the usefulness of the model?
Uncertainty
within this simple one-dimensional model is very hard to ascertain. The linear nature of the profit to response
rate belies the fact that other variables are not being considered. For example, if there is a low response
rate, one may assume that little excitement for the product may generate
smaller orders, thus profits may be far worse with a small response. Likewise,
a large response rate may indicate lots of enthusiasm for the products and
higher average orders. Some type of curved line would represent the
relationship then between profits and response rate.