(a) Find the values of A, B, C, and D. (b) Hence, find the seasonal factor for cach quarter.
(a) Find the values of A, B, C, and D. (b) Hence, find the seasonal factor for cach quarter.
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Related questions
Question

Transcribed Image Text:Question 5
The following table shows the Direct Taxes (HKS, in 100 millions) received by Hong Kong Government from
2010 to 2012.
Year
Quarter 1
Quarter 2
Quarter 3
Quarter 4
2010
535
92
15
731
2011
590
152
10
902
2012
704
129
310
979
The following tables are constructed for the calculation of the 4-period moving average and the seasonal
factors.
Direct Tax
4-period Moving Centered Moving
Year
Quarter
(HK$, in 100 millions)
Average
Average
2010
1
535
2
92
343.25
3
15
350.125
357.00
4
731
364.500
372.00
2011
590
371.375
370.75
2
152
392.125
413.50
3
10
427.750
A
902
439.125
436.25
2012
704
473.750
511.25
2
129
В
530.50
310
4
979
Average value of
Quarter
y -t
1
224.4375
2
3
D
4
414.6875
(a) Find the values of A, B, C, and D.
(b) Hence, find the seasonal factor for each quarter.
(c) In general, within a year, which quarter the Government receives the highest amount of Direct Taxes?
|||||
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