Question: If you could type on a computer it would be wonderful. The problem was taken from the book: forecasts in business 9 edition chapter 6
If you could type on a computer it would be wonderful. The problem was taken from the book: forecasts in business 9 edition chapter 6 of Hanke


On The Double, a chain of copy centers installed within university campuses, started operations with a single store in 1993. Table B records the number of copy centers in operation, Y, for 14 consecutive years Table B year X period centers 1993 1 1994 2 2 1995 3 2 1996 4 6 1997 5 10 1998 6 16 1999 7 25 2000 8 41 2001 9 60 2002 10 97 2003 11 150 2004 12 211 2005 13 382 2006 14 537Graph the number of copy centers against the year. Is the growth experienced by On The Double linear or exponential? b) Determine the annual growth rate ofOn The Double. c) Forecast the number of copy centers in operation for 2012. Does this number seem reasonable? Why
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