The number of hits on a popular Web Site grows by 23% per week. Give the growth factor. Assume time is measured in week.
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growth by 23% translates to a growth factor of 1.23
To the OP: do they want CAGR (compound annual growth rate)? If yes, that would be ((1.23)^52-1)*100%.
Last edited by hwhelper; Sep 17th 2008 at 05:17 PM. Reason: Trying out [tex] notation (need to refresh on LaTeX)
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