Each adjusted seasonal index measures the magnitude of seasonal influence on the actual values of the time series for a given period within the year. Interpret the seasonal analysis results for Quarter 1.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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A. The seasonal index of approximately 79.0886 means that values of the time series are depressed by the presence of seasonal forces to the extent of approximately 20.9114%.
B. The seasonal index of approximately 79.0886 means that values of the time series are stimulated by the presence of seasonal forces to the extent of approximately 20.9114%.
C. The seasonal index of approximately 79.0560 means that values of the time series are stimulated by the presence of seasonal forces to the extent of approximately 20.4340%.
D. The seasonal index of approximately 79.0560 means that values of the time series are depressed by the presence of seasonal forces to the extent of approximately 20.4340%.
Transcribed Image Text:A. The seasonal index of approximately 79.0886 means that values of the time series are depressed by the presence of seasonal forces to the extent of approximately 20.9114%. B. The seasonal index of approximately 79.0886 means that values of the time series are stimulated by the presence of seasonal forces to the extent of approximately 20.9114%. C. The seasonal index of approximately 79.0560 means that values of the time series are stimulated by the presence of seasonal forces to the extent of approximately 20.4340%. D. The seasonal index of approximately 79.0560 means that values of the time series are depressed by the presence of seasonal forces to the extent of approximately 20.4340%.
Mazars is an integral player in auditing, accounting, tax and advisory services in South Africa. A seasonal analysis was done on their sales for the period between 2009 and 2014 and the Median Seasonal Index's and
the Adjusted Seasonal index's was calculated for each quarter as reflected below.
Median seasonal Index
Adjusted seasonal index
Quarter 1
79.5660
79.0886
Quarter 2
85.3333
84.8213
Quarter 3
135.9855
135.1696
Quarter 4
101.5385
100.9293
Total
400.00
Each adjusted seasonal index measures the magnitude of seasonal influence on the actual values of the time series for a given period within the year.
Interpret the seasonal analysis results for Quarter 1
Transcribed Image Text:Mazars is an integral player in auditing, accounting, tax and advisory services in South Africa. A seasonal analysis was done on their sales for the period between 2009 and 2014 and the Median Seasonal Index's and the Adjusted Seasonal index's was calculated for each quarter as reflected below. Median seasonal Index Adjusted seasonal index Quarter 1 79.5660 79.0886 Quarter 2 85.3333 84.8213 Quarter 3 135.9855 135.1696 Quarter 4 101.5385 100.9293 Total 400.00 Each adjusted seasonal index measures the magnitude of seasonal influence on the actual values of the time series for a given period within the year. Interpret the seasonal analysis results for Quarter 1
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