In forecasting a monthly time series over a five-year period from January 2013 to December 2017, the
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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.
Transcribed Image Text:
log i, = 2.0 + 0.01X; + 0.10 (January)
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a log 0 2 0 100 This is the fitted value for January 2011 prio...View the full answer
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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780134684840
14th Edition
Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan
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