Question: Problem 2:The quarterly sales for specific educational software over the past three years are given in the following table: Year 1 Year 2 Year 3

Problem 2:The quarterly sales for specific educational software over the past three years are given in the following table:

Year 1

Year 2

Year 3

Quarter 1

1510

1550

1695

Quarter 2

845

947

1088

Quarter 3

2125

2842

2956

Quarter 4

1940

2150

2420

26.Overall average of the past three years (i.e. average over 12 data points) is 1849

True

False

27.Seasonality index for quarter 1 is 0.86

True

False

28.Seasonality index for quarter 4 is 1.18

True

False

29.If the aggregate forecast for year 4 is 10000, the forecast for quarter 2 is 1298

True

False

30.If the aggregate forecast for year 4 is 10000, the forecast for quarter 3 is 3590

True

False

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