Growth is the primary focus for all companies. A factor that acts as a key term while analysing 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 2 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?

Question

Growth is the primary focus for all companies. A factor that acts as a key term while analysing 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 2 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?

Quizplus · Accepted Answer

The Answer of Growth is the primary focus for all companies. A factor that acts as a key term while analysing 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 2 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?

Growth Is the Primary Focus for All Companies