The following data was recorded while observing the increase in the number of butterflies in two different ponds, Pond A and Pond B. Number of Butterflies Present Over 5 Years Year Pond A Pond B 0 50 1 2 3 4 5 100 110 121 133 146 161 65 85 110 143 186 What is the rate of growth, r, for each pond and which pond has the fastest average rate of growth over the five years?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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The following data was recorded while observing the increase in the number
of butterflies in two different ponds, Pond A and Pond B.
Number of Butterflies Present Over 5 Years
Year Pond A Pond B
0
50
65
85
1
2
3
4
5
100
O
110
121
133
146
161
110
143
186
What is the rate of growth, r, for each pond and which pond has the fastest
average rate of growth over the five years?
TA = 1.1, TB = 1.3, mg = 3.72 butterflies/yr
TA=0.9, TB=0.8, mg = 3.72 butterflies/yr
TA=0.9, TB=0.8, mg=27.2 butterflies/yr
TA = 1.1, TB = 1.3, mg=27.2 butterflies/yr
Transcribed Image Text:The following data was recorded while observing the increase in the number of butterflies in two different ponds, Pond A and Pond B. Number of Butterflies Present Over 5 Years Year Pond A Pond B 0 50 65 85 1 2 3 4 5 100 O 110 121 133 146 161 110 143 186 What is the rate of growth, r, for each pond and which pond has the fastest average rate of growth over the five years? TA = 1.1, TB = 1.3, mg = 3.72 butterflies/yr TA=0.9, TB=0.8, mg = 3.72 butterflies/yr TA=0.9, TB=0.8, mg=27.2 butterflies/yr TA = 1.1, TB = 1.3, mg=27.2 butterflies/yr
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