Q1: The following seasonal indices have been calculated for a time series of tourist departure from Australia.
Q1 | 1.0291 |
Q2 | |
Q3 | 0.8813 |
Q4 | 1.0932 |
The missing value of the Q2 seasonal index is Answer(please give your answer to four decimal places).
Q2: The following model is used for forecasting the sales of lollipops (in thousand dollars):
The model was established using quarterly data starting from quarter index t=1 at Quarter 1, 2013. The correct forecasted trend value for the third quarter of 2019 is Answerthousand dollars (please round your answer to 2 decimal places).
Q3: The following model is used for forecasting the sales of ice creams (in thousand dollars) and was established using quarterly data from the quarter index t=1 at Quarter 1, 2016:
Tt=16.175+2.49t
Assuming a multiplicative model, the seasonal indices have been calculated:
Q1 | 1.096 |
Q2 | 1.015 |
Q3 | 0.834 |
Q4 | 1.055 |
Using trend and seasonality, the sales forecast for the fourth quarter of 2021 is Answerthousand dollars (provide your answer to 2 decimal places).
Q4: The following seasonal indices have been calculated for a time series of tourist departures from Australia.
| Q1 | 1.0293 |
| Q2 | 1.0941 |
| Q3 | 0.8784 |
| Q4 | 0.9982 |
Which of the following is the correct interpretation of the Q2 seasonal index?
Select one:
The tourist departures in the second quarter are 0.941% above trendline projection
The tourist departures in the second quarter are 0.941% above trendline projection on average
The tourist departures in the second quarter are 9.41% above trendline projection
The tourist departures in the second quarter are 9.41% above trendline projection on average
