Answered: Based on a survey, In 2017, the IT…

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Question

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.

Screenshot attached below thank you

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1 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.
2 Before 2018, smartphone visitors accessed the e-commerce store using the mobile website.
3
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.
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Year
2014
2015
2016
2017
2018
2019
Table 5
Mobile App
23085 NA
28001 NA
35430 NA
45122 NA
48219
49000
Mobile Website
13500
28000
Mobile Website Visitor CAGR during the period 2014 to 2017
Sample Answer
Mobile Website Visitor CAGR during the period 2014 to 2017
K
M
25.032%
N

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