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Sally's Software Inc. is a rapidly growing supplier of computer software. Sales for the last five...

Sally's Software Inc. is a rapidly growing supplier of computer software. Sales for the last five years are given below:

Year Sales ($ millions)
2010 $1.1   
2011 1.5   
2012 2.2   
2013 2.7   
2014 3.5   

a. Determine the logarithmic trend equation. (Round the final answers in millions of dollars to 7 decimal places. Negative answers should be indicated by a minus sign.)

b =

a =

Y' =  +   t

b. By what percentage did sales increase, on average, during the period? (Round the final answer to 2 decimal places.)

Annual percentage              %

c. Estimate sales for the year 2017. (Round the final answer in millions of dollars to 2 decimal places.)

For 2017, sales =  ($ millions).

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