Refer to Exercise 9 regarding the absences at Anderson Belts, Inc. Use the seasonal indexes you computed to determine the deseasonalized absences. Determine the linear trend equation based on the quarterly data for the 3 years. Forecast the seasonally adjusted absences for 2014.
9. Victor Anderson, the owner of Anderson Belts Inc., is studying absenteeism among his employees. His workforce is small, consisting of only five employees. For the last 3 years, 2011 through 2013, he recorded the following number of employee absences, in days, for each quarter.
Determine a typical seasonal index for each of the four quarters.
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Loose Leaf for Statistical Techniques in Business and Economics (Mcgraw-hill/Irwin Series in Operations and Decision Sciences)
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