Question: In forecasting a monthly time series over a five-year period from January 2008 to December 2012, the exponential trend forecasting equation for January is Take

In forecasting a monthly time series over a five-year period from January 2008 to December 2012, the exponential trend forecasting equation for January is

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

b. Monthly compound growth rate.
c. January multiplier.

log Y, = 2.0 + 0.01X, + 0.10(January)

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