Sallys Software Inc. is a rapidly growing supplier of computer software to the Sarasota area. Sales for
Question:
Sally’s Software Inc. is a rapidly growing supplier of computer software to the Sarasota area. Sales for the last 5 years, 2009 to 2013, are given below.
Sales
Year ($ millions)
2009 .........1.1
2010 .........1.5
2011 .........2.0
2012 .........2.4
2013 .........3.1
a. Determine the logarithmic trend equation.
b. By what percent did sales increase, on the average, during the period?
c. Estimate sales for the year 2016.
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a b 15672 found by 25672 10 c 0200770 04094...View the full answer
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Related Book For 
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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