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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...
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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