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An exponential model fitted to determine the sales trend over the last 12 years. The model is y(t) = 14.7e0.063t. Where a = 14.7,
An exponential model fitted to determine the sales trend over the last 12 years. The model is y(t) = 14.7e0.063t. Where a = 14.7, r = 0.06. What is the compounded growth rate?
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Q1 The percentage growth rate here is not 63 but 63 as given by the value 0063 ...
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Understandable Statistics Concepts And Methods
Authors: Charles Henry Brase, Corrinne Pellillo Brase
12th Edition
1337119911, 978-1337517508, 133751750X, 978-1337119917
