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The number of widgets (in thousands) sold over the sales quarters at the turn of the century showed to be: Q4 - 2000 - 1.0

The number of widgets (in thousands) sold over the sales quarters at the turn of the century showed to be:

Q4 - 2000 - 1.0

Q1 - 2001 - 1.8

Q2 - 2001 - 3.5

Q3 - 2001 - 6.0

Q4 - 2001 - 11.0

Q1 - 2002 - 13.0

Q2 - 2003 - 18.0

1. Calculate the geometric mean growth rate by quarter

2. Given the geometric mean growth rate, what would you expect (e.g. would have forecasted) Q3 2003 to be?

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