Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Transcribed Image Text:Consider the following quarterly sales data (in units):
Actual Actual Actual
2019
16
12
10
13
51
Based on years 2018-2020, what is the seasonal index for Q2?
Q1
Q2
Q3
Q4
Total
2018
15
12
10
13
50
Show Transcribed Text
.98
J
Based on years 2018-2020, v
1.02
1.05
.95
Ĉ
2020
17
14
12
11
54
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