Question: In forecasting a monthly time series over a five-year period from January 2006 to December 2010, the exponential trend forecasting equation for January is Take
In forecasting a monthly time series over a five-year period from January 2006 to December 2010, the exponential trend forecasting equation for January is
Take the antilog of the appropriate coefficient from this equation and interpret the
a. Y intercept, 0.
b. monthly compound growth rate.
c. January multiplier.
log , = 2.0 + 0.01X, + 0.10 (January)
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