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ClLlESTI-DH 5 a} Determine the appropriate component of time series for the situation below: i} The courier services industry continues to grow year after year
ClLlESTI-DH 5 a} Determine the appropriate component of time series for the situation below: i} The courier services industry continues to grow year after year due to the emergency of new technology. ii} The increase in sales of face- masks due to pandemic Coronavirus {CDVID-tg}. iii} The higher occupancy rate at lv'lerrinton Hotel during weekends compared to the rate during weekdays. iv} Affordable smartphone sales shoot up as demand grows due to e-Ieaming needs. v} The income of self-employed falls dramaticallyr due to recession- [5 marks} b} The table below shows the order [RM't]} received by a pharmaceutical company in the rst 15 weeks of 2020. {All the answers MUST correct to THE! decimal places} i} Compute the trend values using the moving average method. {5 marks} ii} Determine the seasonal indioes for each week. [E marks} iii} Explain the meaning of the seasonal index for the 2"\" week. {1 mark} iv} Forecast the order [RM'UDD] for the third week of June scan. [3 marks}
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