Perspective by the numbers

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JelliBean

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Nov 22, 2009
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The space between the dots in the vertical IS the number of orders in that period.

If you want to see growth, you look at total numbers. It's also convenient because we have those exactly where, as Lee notes, we don't have exact orders/month. Only V4L would have that. We could never be precisely sure no matter how much data we had. There could always be one (plus) more order or one less order than we think. All we can do is take a snapshot of the moments in time we have - then look at the trendline. That's really all statistics are good for anyway - trendlines.

Hummm...exactly why I would use statistics for customer and order growth rate. Because you only need a sample to produce fairly accurate results + or - x standard deviation from the mean. Can you say bell curve? Averages percentages etc. Why didn't I think of that?
 

Adrenalynn

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Dec 5, 2009
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I PM'd my data to Adrenalynn & Symmetric.

This thread started off interesting and has only gotten better!

Thanks!

Proof that math still works. ;)

The more datapoints, the more confidence in the regression.

So the curve _is_ exponential. That's really interesting.

y= 8E-198e0.0115x
R2 = 0.9979
n=41

No datapoints are overlapping, but we do have very closely spaced data here and that is in complete agreement.

v4lgrowth-regression2.jpg
 
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