Outback Steakhouse grew explosively during its first years of operation. The numbers of Outback Steakhouse locations for
Question:
a. Does there appear to be linear or exponential growth in the number of steakhouses?
b. Estimate the annual growth rate for Outback Steakhouse over the 1988-1993 period.
c. Forecast the number of Outback locations for 2007. Does this number seem reasonable? Explain.
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