Hudson Marine provides boats sales, service, and maintenance. Boat trailers are one of its top sales items. Suppose the quarterly sales value the seven years of historical data are as follows. Do not round intermediate calculations. Year 1 Quarter 1 Quarter 2 Quarter 3 Quarter 4 7 13 10 10 20 16 15 26 24 18 30 23 24 36 30 24 36 29 111 30 41 36 25 132 a. Compute the centered moving average values (first find Four-Quarter Moving Average) for this time series (to 3 decimals). c. Compute the seasonal indexes for the four quarters (to 3 decimals). Adjusted Seasonal Index Quarter 1 2 3 4 5 7 d. When does Hudson Marine experience the largest seasonal effect? Hudson Marine experiences the largest seasonal increase in quarter quarter Does this result seem reasonable? This -Select your answer 8 12 Total Yearly Sales 34 54 77 91 111 20 21 22 The largest seasonal effect is the seasonal decrease in
Hudson Marine provides boats sales, service, and maintenance. Boat trailers are one of its top sales items. Suppose the quarterly sales value the seven years of historical data are as follows. Do not round intermediate calculations. Year 1 Quarter 1 Quarter 2 Quarter 3 Quarter 4 7 13 10 10 20 16 15 26 24 18 30 23 24 36 30 24 36 29 111 30 41 36 25 132 a. Compute the centered moving average values (first find Four-Quarter Moving Average) for this time series (to 3 decimals). c. Compute the seasonal indexes for the four quarters (to 3 decimals). Adjusted Seasonal Index Quarter 1 2 3 4 5 7 d. When does Hudson Marine experience the largest seasonal effect? Hudson Marine experiences the largest seasonal increase in quarter quarter Does this result seem reasonable? This -Select your answer 8 12 Total Yearly Sales 34 54 77 91 111 20 21 22 The largest seasonal effect is the seasonal decrease in
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:Hudson Marine provides boats sales, service, and maintenance. Boat trailers are one of its top sales items. Suppose the quarterly sales values for
the seven years of historical data are as follows. Do not round intermediate calculations.
2
Year
3
1
2
3
5
6
Quarter 1 Quarter 2
7
13
20
26
30
36
36
7
10
15
18
24
Quarter 3
10
16
24
23
30
24
d. When does Hudson Marine experience the largest seasonal effect?
Hudson Marine experiences the largest seasonal increase in quarter
quarter
Does this result seem reasonable?
This Select your answer -
29
Quarter 4
4
36
111
30
41
25
132
a. Compute the centered moving average values (first find Four-Quarter Moving Average) for this time series (to 3 decimals).
c. Compute the seasonal indexes for the four quarters (to 3 decimals).
Quarter
Adjusted Seasonal Index
1
8
12
20
21
Total Yearly
Sales
34
54
77
22
91
111
The largest seasonal effect is the seasonal decrease in
Transcribed Image Text:t
1
2
3
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Sales
7
13
10
10
20
16
00
15
26
24
12
18
30
23
20
24
36
30
21
24
36
29
22
30
41
36
25
Centered Moving
Average
13
* * * * * *
**
**
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