Exercise $3-31$ Algo

Consider the following observations of a series:

$\backslash$table$[[$Year $1,$Year $2,$Year $3,$Year $4],[93,113,153,163]]$

a$.$ Calculate the growth rates for Year $1-$Year $2,$ Year $2-$Year $3,$ and Year $3-$Year $4.($Round your answers to $4$ decimal places.$)$

$\backslash$table$[[,$Year $1-$Year $2,$Year $2-$Year $3,$Year $3-$Year $4],[$Growth rates,,,$]]$

b$.$ Calculate the average growth rate. $($Enter your answer as a percentage, rounded to $2$ decimal places, using intermediate calculations rounded to at least $4$ decimal places.$)$

Average growth rate