Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 71.8 Q2

Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series:

Quarter

Seasonal Index

Q1

71.8

Q2

85

Q3

107.6

Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.

Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below:

Coefficients

Intercept

2,215

Time

59.3

If the original value of the series in a Q1 was 2,179, then what is the seasonally adjusted value? (please round your answer to 1 decimal place)

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

Transportation A Global Supply Chain Perspective

Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard

8th edition

9781305445352, 1133592961, 130544535X, 978-1133592969

More Books

Students also viewed these Mathematics questions