A company uses time series and regression techniques to forecast future sales. It has derived a seasonal variation index to use with the multiplicative (proportional) seasonal variation model. The index values for the first three quarters are as follows:

Transcribed Image Text:

Quarter Q1 Q2 Q3 The index value for the fourth quarter (Q4) is: A B C D -270 -269 110 130 Index value 80 80 110 Quarter Q1 Q2 Q3 The index value for the fourth quarter (Q4) is: A B C D -270 -269 110 130 Index value 80 80 110

Answer rating: 100% (QA)

Answer C 110 The index value of the fourth quarter is 110 This can be found by using t... View the full answer