The Quarterly Sales for Specific Educational Software Over the Past

question 51

Essay

The quarterly sales for specific educational software over the past three years are given in the following table. Compute the four seasonal factors.
$$\begin{array} { | l | c | c | c| } \hline & \text { YEAR 1 } & \text { YEAR 2 } & \text { YEAR 3 } \\\hline \text { Quarter 1 } & 1710 & 1820 & 1830 \\\hline \text { Quarter 2 } & 960 & 910 & 1090 \\\hline \text { Quarter 3 } & 2720 & 2840 & 2900 \\\hline \text { Quarter 4 } & 2430 & 2200 & 2590 \\\hline\end{array}$$

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Definitions:

Concrete Operational Stage

Piaget’s third stage of cognitive development, lasting from about 7 to 11 years of age, during which the individual uses operations and replaces intuitive reasoning with logical reasoning in concrete situations.

Abstract Thinking

The ability to think about objects, principles, and ideas that are not physically present.

Logical Reasoning

The process of using structured, coherent, and systematic steps to arrive at conclusions or solve problems.

Classify

The act of organizing or sorting items into categories based on shared qualities or characteristics.