Use the following data for the next 3 questions The following are the company sales from 2000-2015
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Question:
Use the following data for the next 3 questions
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 | $204,397 |
- 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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