Statistical Forcasting

Question

If I get one response from 374 mailers in 10 days, how many mailers do I need to get one response in 6 days?

Answer 1

there's an inverse relation between mailings and response time

y =k/x

374=k/10

k = 3740

y =3740/x

y = 3740/6 = 623 1/3 mailers in 6 days gets one response