Calculate and draw growth curves

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Question: Draw a spider plot for the level of demand in year 5 (halfway through the 10-year horizon) when L = 1000 ± 20%, year 1's demand ranges from 4 to 10, and year 2's demand ranges from 40 to 70.

(a) Assume a Pearl curve.

(b) Assume a Gompers curve.

Problem: Calculate and draw growth curves over 10 years. Let L = 1000 and the numbers for years 1 and 2 be 5 and 50, respectively.

(a) Calculate the coefficients, and draw a Pearl curve.

(b) Calculate the coefficients, and draw a Gompers curve.

(c) Contrast the two curves. Is there any basis for preferring one of them?

Reference no: EM132171365

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