Growth Is the Primary Focus for All Companies

Essay

Growth is the primary focus for all companies. A factor that acts as a key term while analysing the growth of a company is the number of resources/ employees working for the company over a period of time. One such study about a start-up company's growth, in terms of the increase in the number of employees per month in a span of 2 years is shown below:

a. Create a line chart for these time series data. What interpretations can you make about the increase in the number of employees over these 24 months?
b. Fit a linear trendline to the data. What does the trendline indicate about the increase in the number of employees over these 24 months?