In forecasting a quarterly time series over the five-year period from the first quarter of 2006 through the fourth quarter of 2010, the exponential trend forecasting equation is given by

where quarter zero is the first quarter of 2006. Take the antilog
of the appropriate coefficient from this equation and
interpret the
a. Y intercept, 0.
b. quarterly compound growth rate.
c. second-quarter multiplier.

Transcribed Image Text:

log Y-3.00.10X 0.25Q1 0.20Q2 0.1503