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Question

The ratios of "actuals to moving averages" (seasonal indexes) for a time series are presented in the following table as percentages.

 2008 2009 2010 2011 2012
Q1
112.22 110.78 111.22 111.87
Q2
100.65 108.68 103.78 101.95
Q3 97.76 99.08 97.68 97.61
Q4 86.61 95.00 94.64 92.92

The final (completely adjusted) estimate of the seasonal index for Q1is __________.
a) 109.733
b) 109.921
c) 113.853
d) 113.492
e) 111.545

Answer

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