In forecasting a monthly time series over a five-year period from January 2009 to December 2013, the

Question:

In forecasting a monthly time series over a five-year period from January 2009 to December 2013, the exponential trend forecasting equation for January is
log ŷi = 2.0 + 0.01 Xi + 0.10 (January)
Take the antilog of the appropriate coefficient from this equation and interpret the
a. Y intercept, b^0.
b. Monthly compound growth rate.
c. January multiplier?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Basic Business Statistics

ISBN: 9780321870025

13th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat

Question Posted: