Question
he following seasonal indices have been calculated for a time series of sales of hamburgers. Q1 1.0751 Q2 0.9493 Q3 0.9972 Q4 0.9784 Which of
he following seasonal indices have been calculated for a time series of sales of hamburgers.
Q1
1.0751
Q2
0.9493
Q3
0.9972
Q4
0.9784
Which of the following is the correct interpretation of the Q3 seasonal index?
Select one:
The sales ofhamburgers in thethird quarter are 2.8% below trendline projection
The sales ofhamburgers in thethird quarter are 2.8% below trendline projection on average
The sales ofhamburgers in the third quarter are 0.28% below trendline projection
The sales ofhamburgers in thethird quarter are 0.28% below trendline projection on average
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