Suppose that a firm's sales were 2,500,000 four years ago, and ...

[SGallaher96]

Suppose that a firm's sales were 2,500,000 four years ago, and sales have grown annually by 25, 15, -5, and 10 since that time. What was the geometric mean growth rate in sales over the past four years?

Question 2

____________________ is a graphical procedure to make inferences about the process from which a sample was taken.
 Fill in the blank(s) with correct word

[firehawk60]

Answer to Question 1

If Rg is the geometric mean, then
(1 + Rg)4 = (1 + 0.25)(1 + 0.15)(1 - 0.05)(1 + 0.10) = 1.5022  Rg = 0.1071 or 10.71

Answer to Question 2

Statistical process control

[SGallaher96]

Thank you!

[firehawk60]

Always glad to help...