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The U.S. Census Bureau publishes employment statistics and demand forecasts for various occupations. A. Using a spreadsheet or a handheld calculator, calculate the 10 year
The U.S. Census Bureau publishes employment statistics and demand forecasts for various occupations.
A. Using a spreadsheet or a handheld calculator, calculate the 10 year growth rate forecast using the constant growth model with annual compounding, and the constant growth model with continuous compounding with each occupation.
B. Compare your answers and differences.
Occupation | 1998 | 2008 |
Bill collectors | 311 | 420 |
Computer engineers | 299 | 622 |
Physician's assistants | 66 | 98 |
Respiratory therapists | 86 | 123 |
Systems analysys | 617 | 1,194 |
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