The file P16_02.xlsx contains quarterly sales at Intel from 1986 through the first quarter of 2001. Chart these sales through the end of 1996 only, and fit an exponential trendline to these points. Interpret the growth rate you find. (Is it annual or quarterly?) Calculate the MAPE for these years. Then use this exponential trendline to predict the quarterly sales from 1997 on, and calculate the MAPE for this period. Describe your results in a concise memo to Intel management.
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