RELEVANT Magazine keeps records of traffic to its Web site (the number of weekly new visitors). In Week 1 of Year 2021, the Web site had 20,650 new visitors. In Week 5 of Year 2021, it had 27,068 new visitors. Estimate the traffic in Week 8 of 2021, based on the average growth index, using the value from Week 5. By how much is it greater than the traffic in Week 5? Select one: a. Approximately 8,000 new visitors b. Approximately 4,000 new visitors c. Approximately 5,000 new visitors d. Approximately 6,000 new visitors
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The growth from Week 1 to Week 5 is 27,068 - 20,650 = 6,418 new visitors. Since this growth happened over 4 weeks, the average weekly growth is 6,418 / 4 = 1,604.5 new visitors per week. Show more…
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