Question 14: The unemployment rate in a successful European economy is given in the table as a percentage. a. Quarter 2016 2017 C. Quarter 2016 2017 (working space provided) 1 Quarter 2016 2017 1 (working space provided) 5.8 6.1 Calculate the mean unemployment rate for 2016, 2017 and 2018. The original data has been included in the table. 5.8 6.1 Average Seasonal Indices 2 4.9 5.1 2 4.9 5.1 1 1.11 3 3 3.5 3.2 3.5 3.2 b. Use the yearly mean values to help you calculate the seasonal indices for each quarter. Fill in the missing values from the table below. 2 0.94 4 4 6.7 6.9 Deseasonalise the value for quarter 3 of 2016. 6.7 6.9 Yearly MEAN 5,225 5-325 3 0.60 4 1.30

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