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QUESTION 4 Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series:   Quarter Seasonal Index Q1 72.4 Q2 85.3 Q3 109.6       Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.   Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below:     Coefficients Intercept 2,506 Time 71.3   If the original value of the series in a Q1 was 2,040, then what is the seasonally adjusted value? (please round your answer to 1 decimal place)

QUESTION 4 Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series:   Quarter Seasonal Index Q1 72.4 Q2 85.3 Q3 109.6       Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.   Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below:     Coefficients Intercept 2,506 Time 71.3   If the original value of the series in a Q1 was 2,040, then what is the seasonally adjusted value? (please round your answer to 1 decimal place)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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QUESTION 4

  1. Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series:

     

Quarter

Seasonal Index

Q1

72.4

Q2

85.3

Q3

109.6

 

 

  1.  
    Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.

     
    Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below:

     

 

Coefficients

Intercept

2,506

Time

71.3

  1.  
    If the original value of the series in a Q1 was 2,040, then what is the seasonally adjusted value? (please round your answer to 1 decimal place)
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