The following table shows sales for Nike (in $ millions) for the years 2011 through 2015. a.

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The following table shows sales for Nike (in $ millions) for the years 2011 through 2015.

Year 2011 2012 2013 2014 2015 23,331 25,313 Sales 20,117 27,799 30,601

a. Use the growth rates for 2011–2012, 2012–2013, 2013–2014, and 2014–2015 to calculate the average growth rate.

b. Calculate the average growth rate directly from sales.

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Business Statistics Communicating With Numbers

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Authors: Sanjiv Jaggia

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Question Posted: May 06, 2019 07:43 AM

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The following table shows sales for Nike (in $ millions) for the years 2011 through 2015. a.

Question:

Year 2011 2012 2013 2014 2015 23,331 25,313 Sales 20,117 27,799 30,601

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a b Ge 410...View the full answer

Business Statistics Communicating With Numbers

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