The U.S. Department of Commerce publishes data on industrial machinery and equipment. Shown here are the shipments
Question:
The U.S. Department of Commerce publishes data on industrial machinery and equipment. Shown here are the shipments (in $ billions) of industrial machinery and equipment from the first quarter of year 1 through the fourth quarter of year 6. Use these data to determine the seasonal indexes for the data through timeseries decomposition methods.
Use the four-quarter centered moving average in thecomputations.
Transcribed Image Text:
Industrial Machinery and Equipment Shipments 54.019 56.495 50.169 52.891 51.915 55.101 53.419 57.236 57.063 62.488 60.373 63.334 62.723 68.380 63.256 66.446 65.445 68.011 63.245 66.872 59.714 63.590 58.088 61.443 Time Period lst quarter (year 1) 2nd quarter 3rd quarter quarter lst quarter (year 2) 2nd quarter 3rd quarter 4th quarter Ist quarter (year 3) 2nd quarter 3rd quarter 4th quarter lst quarter (year 4) 2nd quarter 3rd quarter 4th quarter lst quarter (year 5) 2nd quarter 3rd quarter 4th quarter lst quarter (year 6) 2nd quarter 3rd quarter 4th quarter
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Qtr TSCI 4qrtot 8qrtot TC SI TCI T Year1 1 54019 2 56495 213574 3 50169 425044 53131 9443 51699 5372...View the full answer
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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