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I a Typical Monthly Seasonal Index of 107

question 103

Multiple Choice

i. A typical monthly seasonal index of 107.0 indicates that sales (or whatever the variable is) are 107
Percent above the annual average.
ii. The ratio-to-moving average method removes the time series trend component, resulting in 12
Numbers that are called specific seasonals.
iii. The total of the four typical quarterly indexes should equal 100.0.

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