Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

New-car sales of a dealer during the past year are shown in the following table, along with monthly seasonal relatives. Month Units Sold Seasonal Relative

New-car sales of a dealer during the past year are shown in the following table, along with monthly seasonal relatives.

Month Units Sold Seasonal Relative
Jan 710 1.12
Feb 644 1.12
Mar 674 1.00
Apr 596 1.00
May 619 0.92
Jun 642 0.74
Jul 642 0.86
Aug 602 0.78
Sept 602 0.89
Oct 555 0.79
Nov 559 0.68
Dec 516 0.68

a-1.Select the correct chart showing the plotted data.

Chart A Chart B Chart C

(Click to select) Chart A Chart B Chart C

a-2.Does there seem to be a trend? (Click to select) Yes No

b.Deseasonalize the new car sales.(Round the final answers to 1 decimal place.)

Month De-seasonal
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

c.Select the correct chart showing the deseasonalized data on the same graph as the original data.

Chart A Chart B Chart C

(Click to select) Chart A Chart B Chart C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project management

Authors: Harvey maylor

4th Edition

027370432X, 978-0273704324

More Books

Students also viewed these General Management questions