In forecasting a monthly time series over a five-year period from January 2010 to December 2017, the exponential trend forecasting equation for January is:

log Yˆ

i 5 2.6 + 0.03Xi

+ 0.18 January Take the antilog of the appropriate coefficient from the above equation and interpret:

a. the Y intercept

b. the monthly compound growth rate

c. the January multiplier