The Appliance Centre sells a variety of electronic equipment and home appliances. For the last four years, the following quarterly sales (in $ millions) were reported: Year 2011 2012 2013 2014 I $6.3 5.7 6.2 4.8 Quarter I Quarter II III IV II $5.4 5.2 5.3 5.2 III $6.8 4.7 4.0 4.4 IV Determine a typical seasonal index for each of the four quarters. (Round the final answers in millions of dollars to 4 decimal places.) Seasonal Index $4.3 6.3 6.4 5.4 IIII

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The Appliance Centre sells a variety of electronic equipment and home appliances. For the last four years, the following quarterly sales
(in $ millions) were reported:
Year
2011
2012
2013
2014
I
$6.3
5.7
6.2
4.8
Quarter
Quarter
I
II
III
IV
II
$5.4
5.2
5.3
5.2
III
$6.8
4.7
4.0
4.4
IV
Check my work
$4.3
6.3
6.4
5.4
Determine a typical seasonal index for each of the four quarters. (Round the final answers in millions of dollars to 4 decimal places.)
Seasonal
Index
Transcribed Image Text:The Appliance Centre sells a variety of electronic equipment and home appliances. For the last four years, the following quarterly sales (in $ millions) were reported: Year 2011 2012 2013 2014 I $6.3 5.7 6.2 4.8 Quarter Quarter I II III IV II $5.4 5.2 5.3 5.2 III $6.8 4.7 4.0 4.4 IV Check my work $4.3 6.3 6.4 5.4 Determine a typical seasonal index for each of the four quarters. (Round the final answers in millions of dollars to 4 decimal places.) Seasonal Index
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