Each adjusted seasonal index measures the magnitude of seasonal influence on the actual values of the time series for a given period within the year. Interpret the seasonal analysis results for Quarter 1.
Each adjusted seasonal index measures the magnitude of seasonal influence on the actual values of the time series for a given period within the year. Interpret the seasonal analysis results for Quarter 1.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:A. The seasonal index of approximately 79.0886 means that values of the time series are depressed by the presence of seasonal forces to the extent of approximately 20.9114%.
B. The seasonal index of approximately 79.0886 means that values of the time series are stimulated by the presence of seasonal forces to the extent of approximately 20.9114%.
C. The seasonal index of approximately 79.0560 means that values of the time series are stimulated by the presence of seasonal forces to the extent of approximately 20.4340%.
D. The seasonal index of approximately 79.0560 means that values of the time series are depressed by the presence of seasonal forces to the extent of approximately 20.4340%.

Transcribed Image Text:Mazars is an integral player in auditing, accounting, tax and advisory services in South Africa. A seasonal analysis was done on their sales for the period between 2009 and 2014 and the Median Seasonal Index's and
the Adjusted Seasonal index's was calculated for each quarter as reflected below.
Median seasonal Index
Adjusted seasonal index
Quarter 1
79.5660
79.0886
Quarter 2
85.3333
84.8213
Quarter 3
135.9855
135.1696
Quarter 4
101.5385
100.9293
Total
400.00
Each adjusted seasonal index measures the magnitude of seasonal influence on the actual values of the time series for a given period within the year.
Interpret the seasonal analysis results for Quarter 1
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