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Your boss asks you to estimate the sales growth rate. Because you do not have any private information about the future growth rate, you have

Your boss asks you to estimate the sales growth rate. Because you do not have any private information about the future growth rate, you have to forecast the growth rate based on historical growth rates. There are three different ways to forecast the growth rate: 1. Arithmetic growth rate, 2. Compound growth rate, 3. Log-level growth rate.

Choose your preferred method and explain why you believe your method is better than the others

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