Question
The median seasonal quarterly sales index of PnP (in hundred million Rands) from 2000 to 2004 is Quarter 1 - 100.292 Quarter 2 - 91.858
The median seasonal quarterly sales index of PnP (in hundred million Rands) from 2000 to 2004 is Quarter 1 - 100.292 Quarter 2 - 91.858 Quarter 3 - 112.611 Quarter 4 -102.087 What is the correct interpretation for the adjusted seasonal index of Quarter 4 (round off to two decimals?
A. The seasonal index of Quarter 4 is increased by the seasonal forces.
B. The seasonal index of Quarter 4 is insignificant.
C. The seasonal index of Quarter 4 is stimulated by seasonal forces.
D. The seasonal index of Quarter 4 is depressed by seasonal forces.
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Intermediate Microeconomics and Its Application
Authors: Walter Nicholson, Christopher M. Snyder
12th edition
978-1133189022, 1133189024, 1133189032, 978-1305176386, 1305176383, 978-0357687000, 978-1133189039
