Business, 05.05.2020 20:44, 100738

Sales in a company are $185 million in 2009 and increase $203 million in 2010. Compute the percentage increase in sales using the usual formula 100 times StartFraction (Sales 2010 minus Sales 2009 )Over Sales 2009 EndFraction Compare this value to the approximation 100 times [ln (Sales 2010 )minus ln (Sales 2009 )]100 times StartFraction (Sales 2010 minus Sales 2009 )Over Sales 2009 EndFraction = nothing% 100 times [ln (Sales 2010 )minus ln (Sales 2009 )]= nothing% (Express your response as a percentage and round to three places) Now, assume that sales in a company are $185 million in 2009 and increase $249 million in 2010. 100 times StartFraction (Sales 2010 minus Sales 2009 )Over Sales 2009 EndFraction = nothing% 100 times [ln (Sales 2010 )minus ln (Sales 2009 )]= nothing% (Express your response as a percentage and round to three places) The approximation performs ▼ better worst when the change is small. The quality of the approximation ▼ deteriorates improves as the percentage change increases.

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Sales in a company are $185 million in 2009 and increase $203 million in 2010. Compute the percentag...