Example 11: Assuming that trend is absent, calculate the seasonal indices for various quarters in the following data. Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1996 37 41 33 35 1997 37 39 36 36 1998 40 41 33 31 1999 33 44 40 40

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Example 11: Assuming that trend is absent, calculate the seasonal indices for
various quarters in the following data.
Year
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
1996
37
41
33
35
1997
37
39
36
36
1998
40
41
33
31
1999
33
44
40
40
Transcribed Image Text:Example 11: Assuming that trend is absent, calculate the seasonal indices for various quarters in the following data. Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1996 37 41 33 35 1997 37 39 36 36 1998 40 41 33 31 1999 33 44 40 40
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