Question

Using the data below, which is cars sold at a local used car lot, what is...

  1. Using the data below, which is cars sold at a local used car lot, what is the seasonal index for Q3?

Q1

Q2

Q3

Q4

Year 1

125

172

207

100

Year 2

149

196

229

122

Year 3

154

205

239

128

  1. 0.451
  2. 0.283
  3. 0.184
  4. 0.333
0 0
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Answer #1

SEASONAL INDEX FOR Q3=AVERAGE OF Q3/TOTAL AVERAGE .

                                             =225/675.34

                                             =0.333

OPTION D IS CORRECT.

NOTE : IF YOU SEE MY ANSWER PLEASE RATE MY ANSWER FIRST.THANKS.

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