Question: In forecasting a monthly time series over a five-year period from January 2013 to December 2017, the exponential trend forecasting equation for January is Take

In forecasting a monthly time series over a five-year period from January 2013 to December 2017, the exponential trend forecasting equation for January is

Take the antilog of the appropriate coefficient from this equation and interpret the

a. Y intercept, b̂₀.

b. Monthly compound growth rate.

c. January multiplier.

log i, = 2.0 + 0.01X; + 0.10 (January)

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