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Solve clearly 1. Calculate the monthly seasonal index for alfalfa for each month for the last 5 complete years, 2. Average the monthly seasonal indices

Solve clearly

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1. Calculate the monthly seasonal index for alfalfa for each month for the last 5 complete years, 2. Average the monthly seasonal indices over the last 5 complete years to determine the typical or average seasonal index for each individual month 3. Graph the 5-year monthly seasonal index for alfalfa calculated in question 2. 4. Using the price of alfalfa in June 2021, predict, July and August prices for 2021 using the 5 year MSIs calculated in question 2.

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