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Semilog Transformation

dc.contributor.authorMakridakis, Spyros
dc.contributor.authorWheelright, Steven
dc.description.abstractIn business and economic series it is often true that a constant rate of growth prevails. This can happen with the sales of a company, GNP, consumption patterns, etc. For example, if the growth in GNP is 5% a year, it implies a compounded yearly rate of growth of 5%, a pattern that is exponential. Table 6-4 shows the revenues of an antipollution company (Lanard) which follows a typical exponential pattern of growth. (These data are graphed in Figure 6-1.) Regression can be used to estimate a forecasting equation for this nonlinear pattern and to find the exact rate of growth.en_UK
dc.publisherJohn Wiley & Sons Incen_UK
dc.rights© 1978, Wiley, John & Sonsen_UK
dc.subjectEconomic forecastingen_UK
dc.subjectBusiness forecastingen_UK
dc.subjectSemilog transformationen_UK
dc.titleSemilog Transformationen_UK
dc.title.alternativeForecasting: Methods and Applicationsen_UK
dc.typeBook chapteren_UK

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© 1978, Wiley, John & Sons
Except where otherwise noted, this item's license is described as © 1978, Wiley, John & Sons