Jaskeepwalking
New Member
Hi,
My question is as follow.
I am keeping track of tourism data from a particular market and I have the following information on hand.
1. Total tourist arrivals for 2014 - For purpose of illustration 15 million
2. Expected growth rate for 2015 - 3%
3. Monthly arrival data for 2014
On a monthly basis, the tourism industry will release the monthly statistics for tourist arrivals.
Based on the latest YTD data, how do I determine what is the average growth that is required for the remaining months in order to achieve the desired growth rate?
My question is as follow.
I am keeping track of tourism data from a particular market and I have the following information on hand.
1. Total tourist arrivals for 2014 - For purpose of illustration 15 million
2. Expected growth rate for 2015 - 3%
3. Monthly arrival data for 2014
On a monthly basis, the tourism industry will release the monthly statistics for tourist arrivals.
Based on the latest YTD data, how do I determine what is the average growth that is required for the remaining months in order to achieve the desired growth rate?