Two companies report a 15% gain in online sales over the last year. Suppose Company Q had 25 online sales and Company Z had 150 online sales last year. Sam says that they have the same growth while Anna says that they do not. Who is correct? Justify your answer using absolute change and percent change.
Two companies report a 15% gain in online sales over the last year. Suppose Company Q had 25 online sales and Company Z had 150 online sales last year. Sam says that they have the same growth while Anna says that they do not. Who is correct? Justify your answer using absolute change and percent change.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
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Two companies report a 15% gain in online sales over the last year. Suppose Company Q had 25 online sales and Company Z had 150 online sales last year. Sam says that they have the same growth while Anna says that they do not. Who is correct? Justify your answer using absolute change and percent change.
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