Given the Following Time Series, Compute the Seasonal (Quarterly) Indexes

question 28

Essay

Given the following time series, compute the seasonal (quarterly) indexes, using the four-quarter centred moving averages. $$\begin{array} { | c | c c c c c | } \hline \text { Quarter } & 2011 & 2012 & 2013 & 2014 & 2015 \\\hline 1 & 62 & 48 & 50 & 43 & 57 \\2 & 51 & 45 & 46 & 39 & 32 \\3 & 53 & 44 & 46 & 37 & 31 \\4 & 46 & 37 & 42 & 32 & 29 \\\hline\end{array}$$

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, representing a portion of the company's ownership.

Looting

In corporation law, the transfer of a corporation’s assets to its managers or controlling shareholders at less than fair value.

Debt-To-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Corporate Veil

A legal concept that separates the personality of a corporation from the personalities of its shareholders, and protects them from being personally liable for the company's debts and obligations.