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Business Statistics Spring 2016 Test #2 Extra Credit This assignment is optional. Complete the following problem accurately for 15 extra points on your Test #2
Business Statistics Spring 2016 Test #2 Extra Credit This assignment is optional. Complete the following problem accurately for 15 extra points on your Test #2 score. Partial credit is allowed. It is possible to earn more than 100 points on the test. Administrators at Redwood Community College had a goal to increase student enrollment by an average of 2% per year over ten years. Percent changes in enrollment over the past 10 years follow: Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Percent change in student enrollment 5.0% 3.0% -1.1% 0.60% 0.85% 3.5% 4.0% -1.0% 3.8% 1.7% Compute the mean student enrollment growth rate over the past ten years. Did administrators meet their goal
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