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The number of widgets (in thousands) sold over the sales quarters at the turn of the century showed to be: Q1 - 2010 - 2.0

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

Q1 - 2010 - 2.0

Q2 - 2010 - 2.4

Q3 - 2010 - 4.2

Q4 - 2010 - 7.8

Q1 - 2011 - 14.0

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) Q2 2011 to be?

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