Based on a survey, In 2017, the IT Strategy team decided to develop a mobile application for the e-commerce store, and the firm launched the mobile app on 1st Jan 2018. Before 2018, smartphone visitors accessed the e-commerce store using the mobile website. Table 5 shows the average monthly visitors to the mobile website and mobile app from 2014 to 2019. (a) Write a formula in cell E15 to compute mobile website visitors' CAGR from 2014 to 2017. Year 2014 2015 2016 2017 2018 2019 Table 5 Mobile App 23085 NA 28001 NA 35430 NA 45122 NA Mobile Website 48219 49000 13500 28000 Mobile Websito Visitor CAGR during the period 2014 to 2017 Sample Answer Mobile Website Visitor CAGR during the period 2014 to 2017 25.032%
Based on a survey, In 2017, the IT Strategy team decided to develop a mobile application for the e-commerce store, and the firm launched the mobile app on 1st Jan 2018. Before 2018, smartphone visitors accessed the e-commerce store using the mobile website. Table 5 shows the average monthly visitors to the mobile website and mobile app from 2014 to 2019. (a) Write a formula in cell E15 to compute mobile website visitors' CAGR from 2014 to 2017. Year 2014 2015 2016 2017 2018 2019 Table 5 Mobile App 23085 NA 28001 NA 35430 NA 45122 NA Mobile Website 48219 49000 13500 28000 Mobile Websito Visitor CAGR during the period 2014 to 2017 Sample Answer Mobile Website Visitor CAGR during the period 2014 to 2017 25.032%
Chapter6: Managing Multiple Worksheets And Workbooks
Section: Chapter Questions
Problem 2.3CP
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(a) Write a formula in cell E15 to compute mobile website visitors' CAGR from 2014 to 2017.
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