Question
The following are the company sales from 2000-2015 Year Xylophone 2000 $230 2001 $573 2002 $994 2003 $1,683 2004 $3,192 2005 $6,140 2006 $8,892 2007
The following are the company sales from 2000-2015
Year Xylophone
2000 $230
2001 $573
2002 $994
2003 $1,683
2004 $3,192
2005 $6,140
2006 $8,892
2007 $13,586
2008 $18,376
2009 $29,476
2010 $33,598
2011 $44,208
2012 $58,473
2013 $96,368
2014 $149,306
2015 $209,397
Fit an exponential trend curve to the data- show the equation Calculate the projected sales in 2016 What is the CAGR over the 2000-2015 period
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
