Shown are Statistics New Zealand quarterly data for the total number of people employed in New Zealand
Question:
Shown are Statistics New Zealand quarterly data for the total number of people employed in New Zealand for the period March 2016 to December 2019. Calculate seasonal indices for the data. Deseasonalise the data and plot a graph of the original series and the deseasonalised series. Comment on your results.
Transcribed Image Text:
People employed ('000s) Period 2170.6 Mar. 16 Jun. 16 2165.6 Sept. 16 2181.9 Dec. 16 2203.0 Mar. 17 2209.9 June 17 2208.3 Sept. 17 2206.5 Dec. 17 2237.0 Mar. 18 2230.9 June 18 2220.4 2208.1 Sept. 18 2205.1 Dec. 18 Mar. 19 2239.8 June 19 2236.5 2261.8 Sept. 19 Dec. 19 2311.2
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Period Actual Deseasonalized 1 21706 21622 2 21656 21698 3 21819 21891 4 22030 22...View the full answer
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Related Book For
Business Analytics And Statistics
ISBN: 9780730363330
1st Edition
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi
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