Estimate the compound growth rates

Reference no: EM1376327

The sales information for the Lonestar Sports Apparel Corporation for the last 12 years as follows:
1996 $400,000 2002 $617,000
1997 $440,000 2003 $654,000
1998 $480,000 2004 $700,000
1999 $518,000 2005 $756,000
2000 $554,000 2006 $824,000
2001 $587,000 2007 $906,000

a. What are the 1996-2007 compound growth rates?
b. Using the result obtained in part a, what is your 2008 projection?
c. If you were to make your own projection, what would you forecast?

Reference no: EM1376327

Questions Cloud

Use estimated forecast equation to forecast sales : Rubax, a United States producer of athletic shoes, estimates the following linear trend model for shoe sales:

Regression analysis question : Regression analysis was used to estimate the given seasonal forecasting equation, D1 is a variable that is equal to one in 1st quarter and zero otherwise;

Determine predicted quantity demanded : A multiple regression analysis based on a information set that consists of thrity observations yielded the following estimated demand equation:

Cost of holding inventory : To ensure that correct size of heart valve is available for heart surgery, Heart Plus, maker of valves employs salespeople to place and maintain inventories at hospitals in its market.

Estimate the compound growth rates : The sales information for the Lonestar Sports Apparel Corporation for the last 12 years as follows:

Identify the demand for the current year : Clean Supreme is a corporation that produces and sells powdered laundry detergent in the U.S. The company has estimated the following regression equation for the demand of its Brand Z detergent:

Managers and organizational culture managers : Managers and Organizational Culture Managers can affect their subordinates' lives in many ways. Not only do managers have oversight responsibility for the productivity of their employees - MNGT and Organizational Behavior MGMT-4401

Discuss the statistical significance of the parameter : Wilpen Corporation, a price-setting form, manufactures nearly 80% of all tennis balls purchased in the United States. Wilpen estimates the U.S. demand for its tennis balls by using the linear specifications:

Corporate entrepreneurship : How do you recognize entrepreneurial opportunities, and how would you go about capitalizing on them? What role do effectuation and cognitive adaptability play in the process - BUSI-3008-2 Corporate Entrepreneurship

User Account

All Pages