Question

Below are the occupancy rates for hotels in Bermuda for the last 5 years. Calculate the seasonal index for Q3. Round your answer to 4 decimals.

	Q1	Q2	Q3	Q4
2014	0.561	0.702	0.8	0.568
2015	0.575	0.738	0.868	0.605
2016	0.594	0.738	0.729	0.6
2017	0.622	0.708	0.806	0.632
2018	0.665	0.835	0.874	0.67

Select one:

a. 0.9964

b. 1.02

c. 1.0955

d. 0.8154

Answer 1