The following table shows sales for Nike (in millions of $) for the years 2005 through 2009.

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The following table shows sales for Nike (in millions of $) for the years 2005 through 2009. R-96

a. Use the growth rates for 2005–2006, 2006–2007, 2007–2008, and 2008-2009 to calculate the average growth rate.

b. Calculate the average growth rate directly from sales.

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Sep 19, 2024 09:02 PM

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The following table shows sales for Nike (in millions of $) for the years 2005 through 2009.

Question:

Year 2005 2006 2007 2008 2009 Sales 13,740 14,955 16,326 18,627 19,176

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Business Statistics Communicating With Numbers

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