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i. The reason for deseasonalizing a sales series is to remove trend and cyclical fluctuations so that
We can study seasonal fluctuations.
ii. Using the ratio-to-moving-average method, dividing the actual sales for a month by the typical
Seasonal for that month results in a figure that includes only trend, cycle and irregular fluctuations.
This procedure is called deseasonalizing the sales.
iii. Knowing the seasonal pattern in the form of indexes allows the retailer to deseasonalize sales.
This is accomplished by dividing the actual sales for a month by the typical index for that month.
Specific Factor
An element or aspect that has a particular influence on an outcome or situation, distinguishing it from other variables.
Spearman's
Refers to Spearman's rank correlation coefficient, a statistical measure used to assess the strength and direction of association between two ranked variables.
Gardner's Theory
A theory proposed by Howard Gardner suggesting that intelligence is not a single general ability but a combination of multiple intelligences.
Multiple Intelligence
A theory proposed by Howard Gardner, suggesting that intelligence is not a single ability but consists of multiple intelligences, including linguistic, logical-mathematical, spatial, musical, bodily-kinesthetic, interpersonal, intrapersonal, and naturalistic.
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