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In 2015 there were 232.6 million cell phone subscribers in the United States. By 2025 the number of subscribers increased to 266.7 million. What is
In 2015 there were 232.6 million cell phone subscribers in the United States. By 2025 the number of subscribers increased to 266.7 million. What is the geometric mean annual percent increase for the period? Further, the number of subscribers is forecast to increase to 277.1 million by 2026. What is the rate of increase from 2025 to 2026? (Round your answer to 2 decimal places.) Is the rate of increase expected to slow? multiple choice
- Yes
- No
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