Question

Question 35 (5 points) You are given the following information on the seasonal-irregular component values for a quarterly time series. Seasonal-Irregular Quarter Component Values (Stit) 1 1.23, 1.15, 1.16 2 0.86, 0.89, 0.83 3 0.77, 0.72, 0.79 4 1.20, 1.13, 1.17 The seasonal index for Quarter 4 is a) 1.166 Ob) 1.18 Oc) 1.02 d) 1.353

Answer 1

The correct option is b) 1.18

Solution :

с D 1 A Quarter 1 V2 2 B V1 1.23 0.86 0.77 1.2 3 E Average 1.18 0.86 0.76 1.1666667 1.15 0.89 0.72 1.13 N V3 1.16 0.83 0.79 1.17 4 3 5 4 6 7 Average of Average = Sum of Average/4 0.9916667 8 9 Seasonal Index of Quarter 4 = Quarter 4 Average/Average of Average 10 1.18

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