a) The average temperature (Centigrade) in London varies from 14C to 31C during the year. i. Calculate indices based on March, base= 100 ii. What is the %age variation between the highest and the lowest temperatures? Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Temp C 15 22 19 24 29 28 31 28 27 22 18 14 Index

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a) The average temperature (Centigrade) in London varies from 14C to 31C during the
year.
i.
Calculate indices based on March, base = 100
ii.
What is the %age variation between the highest and the lowest
temperatures?
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Temp
C
15
22
19
24
29
28
31
28
27
22
18
14
Index
b) Below are the no of customers, visiting a local Tesco Express, in the first week of
holiday season. The store manager would like to avoid stock out in the busy period.
Provide forecast of sales on Saturday next week, using 3 point moving average and
seasonal variation. Assume same seasonal variation next period.
Transcribed Image Text:a) The average temperature (Centigrade) in London varies from 14C to 31C during the year. i. Calculate indices based on March, base = 100 ii. What is the %age variation between the highest and the lowest temperatures? Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Temp C 15 22 19 24 29 28 31 28 27 22 18 14 Index b) Below are the no of customers, visiting a local Tesco Express, in the first week of holiday season. The store manager would like to avoid stock out in the busy period. Provide forecast of sales on Saturday next week, using 3 point moving average and seasonal variation. Assume same seasonal variation next period.
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