This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
Unformatted text preview: n P i ∑ Value Index: 100 ) ( ) ( × × × = ∑ ∑ Old Old New New Q P Q P V “Real” Income = 100 CPI Income Money Actual × Annual Average Inflation Rate: 1 1 = T Old New CPI CPI Income Necessary to Match Inflation: × = Old New Old New CPI CPI Income Income Chapter 16 – Forecasting Linear trend equation: bt a Y + = ˆ Exponential trend equation: t ab Y = ˆ Log trend equation: t b a Y ) log( log ˆ log + = Forecasted value = Trend value × Seasonal Index...
View
Full
Document
This note was uploaded on 04/10/2008 for the course QBA 2305 taught by Professor Hulme during the Spring '08 term at Baylor.
 Spring '08
 Hulme

Click to edit the document details