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Sales for Adidas grew at a rate of 0.5196 in 2006, 0.0213 in 2007, 0.0485 in 2008, and –0.0387 in 2009. The average growth rate for Adidas during these four years is the closest to _______. A. 3.49% B. 11.83% C. 13.77% D. 14.02%

Respuesta :

proz

Answer:

The correct answer is:

13.77% (C)

Explanation:

what we are asked to calculate effectively in this question is the average of the growth rates in the four years. And the average or mean growth rate is the sum of the growth rates divided by the number of years. It is calculated as follows;

average growth rate = sum of growth rates from 2006 to 2009 ÷ number of years

Average growth rate = (0.5196 + 0.0213 + 0.0485 + (-0.0387)) ÷ 4

= 0.5507 ÷ 4 = 0.13765.

Next we have to convert 0.13765 to percentage.

0.13765 = [tex]\frac{13.765}{100}[/tex] = 13.77%

Parrain

The average growth rate for Adidas over those years can be found to be C. 13.77%.

What is the average growth rate?

This can be found as:

= Sum of growth rates / Number of years

Solving gives:

= (0.5196 + 0.0213 + 0.0485 - 0.0387) / 4

= 0.5507 / 4

= 13.77%

In conclusion, option C is correct.

Find out more on averages at https://brainly.com/question/20118982.

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