The file P02_28.xlsx gives the annual sales for Microsoft (in millions of dollars) for the years 1984–1993, where 1984 = year 1. a. Fit an exponential curve to these data. b. By what percentage do you estimate that Microsoft will grow each year? c. Why can’t a high rate of exponential growth continue for a long time? d. Rather than an exponential curve, what curve might better represent the growth of a new technology? e. Go to the Web and find more recent sales data for Microsoft. Then repeat the preceding parts using all the data.
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