Given below are the monthly prices of orange juice for 24 months. Use these data to compute
Question:
Given below are the monthly prices of orange juice for 24 months. Use these data to compute 12-month centred moving averages (T·C). Using these computed values, determine the seasonal effects (S·I).
Transcribed Image Text:
2017 2018 2019 August September October November December January February March April May June July August September October November December January February March April May June July Orange Juice, 1L 4.09 4.02 3.98 4.04 4.05 4.02 3.92 3.99 4.02 4.09 4.14 4.12 4.26 4.02 4.09 4.20 4.16 4.30 4.11 4.13 3.94 4.17 4.19 4.19
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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