Sally's software Inc. is a rapidly growing supplier of computer software to Sarasota area. Sales for the

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Sally's software Inc. is a rapidly growing supplier of computer software to Sarasota area. Sales for the last five years are given below:

2003 : 1.1

2004 : 1.5

2005 : 2.0

2006 : 2.4

2007 : 3.1
The logarithmic trend equation is log() = -0.0531997 + 0.1104057t
By what percent did sales increase on the average during the period?

Related Book For answer-question

Statistical Techniques in Business and Economics

ISBN: 978-0078020520

16th edition

Authors: Douglas Lind, William Marchal

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Posted Date: Apr 28, 2020 06:57 PM

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Sally's software Inc. is a rapidly growing supplier of computer software to Sarasota area. Sales for the

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Answer 2895 Explanation The equation found is Logy 00... View the full answer

Statistical Techniques in Business and Economics

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