Question: In forecasting a monthly time series over a five-year period from January 2014 to December 2018, the exponential trend forecasting equation for January is Take

In forecasting a monthly time series over a five-year period from January 2014 to December 2018, the exponential trend forecasting equation for January is

log = 2.0 + 0.01X; + 0.10 (January) %3D

Take the antilog of the appropriate coefficient from this equation and interpret the
a. Y intercept, b0.
b. Monthly compound growth rate.
c. January multiplier.

log = 2.0 + 0.01X; + 0.10 (January) %3D

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