Question
The following data was gathered over the past two years. Calculate the seasonal factor for each quarter. Note: Round your answer to two decimal places.
The following data was gathered over the past two years. Calculate the seasonal factor for each quarter.
Note: Round your answer to two decimal places.
| Year | Quarter | Sales |
|---|---|---|
| 1 | I | 1,850 |
| 1 | II | 2,000 |
| 1 | III | 2,350 |
| 1 | IV | 1,750 |
| 2 | I | 2,050 |
| 2 | II | 2,350 |
| 2 | III | 2,600 |
| 2 | IV | 1,900 |
The following data was gathered over the past two years. Calculate the seasonal factor for each quarter.
Note: Round your answer to two decimal places.
| Year | Quarter | Sales |
|---|---|---|
| 1 | I | 1,850 |
| 1 | II | 2,000 |
| 1 | III | 2,350 |
| 1 | IV | 1,750 |
| 2 | I | 2,050 |
| 2 | II | 2,350 |
| 2 | III | 2,600 |
| 2 | IV | 1,900 |
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
