Growth Is the Primary Focus for All Companies A Create a Line Chart for These Time Series Data
Growth is the primary focus for all companies. A factor that acts as a key term while analyzing the growth of a company is the number of resources/employees working for the company over a period of time. One such study about a start-up company's growth in terms of the increase in the number of employees per month in a span of two years is shown below.
a. Create a line chart for these time series data. What interpretations can you make about the increase in the number of employees over these 24 months?
b. Fit a linear trendline to the data. What does the trendline indicate about the increase in the number of employees over these 24 months?
Correct Answer:
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a.
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