t 1 JULE SITE 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Sales 7 13 10 4 10 20 16 8 15 26 24 12 18 30 23 20 24 36 30 21 24 36 29 22 30 41 36 25 Centered Moving Average 13

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 22PFA
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b. Compute the seasonal indexes for the four quarters (to 3 decimals).

Hudson Marine provides boats sales, service, and maintenance. Boat trailers are one of its top sales items. Suppose the quarterly sales values for
the seven years of historical data are as follows. Do not round intermediate calculations.
Year
1
2
3
4
5
6
7
Quarter 1 Quarter 2
7
13
10
15
18
24
24
30
20
26
30
36
36
41
Quarter 3
10
16
24
23
30
29
36
Quarter 4
4
8
12
20
21
22
25
Total Yearly
Sales
34
54
77
91
111
111
132
Transcribed Image Text:Hudson Marine provides boats sales, service, and maintenance. Boat trailers are one of its top sales items. Suppose the quarterly sales values for the seven years of historical data are as follows. Do not round intermediate calculations. Year 1 2 3 4 5 6 7 Quarter 1 Quarter 2 7 13 10 15 18 24 24 30 20 26 30 36 36 41 Quarter 3 10 16 24 23 30 29 36 Quarter 4 4 8 12 20 21 22 25 Total Yearly Sales 34 54 77 91 111 111 132
a. Compute the centered moving average values (first find Four-Quarter Moving Average) for this time series (to 3 decimals).
Centered Moving
Average
t
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Sales
7
13
10
4
10
20
16
8
15
26
24
12
18
30
23
20
24
36
30
21
24
36
29
22
30
41
36
25
13
***
Transcribed Image Text:a. Compute the centered moving average values (first find Four-Quarter Moving Average) for this time series (to 3 decimals). Centered Moving Average t 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Sales 7 13 10 4 10 20 16 8 15 26 24 12 18 30 23 20 24 36 30 21 24 36 29 22 30 41 36 25 13 ***
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