Consider the following monthly observations for 5 years. a. Calculate the 12-month centered moving average. b. Calculate
Question:
Consider the following monthly observations for 5 years.
a. Calculate the 12-month centered moving average.
b. Calculate the ratio-to-moving average.
c. Calculate and interpret the seasonal indices for April and November.
Transcribed Image Text:
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1 13 17 15 12 32 15 21 17 33 15 34 21 2 26 10 14 19 17 14 27 30 25 15 18 27 3 24 11 19 23 19 18 31 18 15 31 34 27 4 23 22 17 24 17 24 15 19 33 19 1639 5 17 19 25 30 18 17 19 36 19 26 21 35
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a Centered Moving Average CMA b The RatiotoMoving Averages are in the last column of the above table ...View the full answer
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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