The Following Information on the Seasonal-Irregular Component Values Is for a Quarterly

question 40

Multiple Choice

The following information on the seasonal-irregular component values is for a quarterly time series: $\begin{array}{l} & \text { Seasonal-Irregular } \\ \text { Quarter } & \text { Comp onent Values (StIt) } \\1&1.23,1.15,1.16 \\2&.86, .89, .83 \\3&.77, .72, .79 \\4&1.20,1.13,1.17\end{array}$ The seasonal index for quarter 1 is ______.

• A) .997
• B) 1.18
• C) 4
• D) 3