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The following table shows the sales for a resort hotel recorded over the past year. The seasonal indexes for each quarter are also provided. To track the trend for these four quarters, use the indexes to deseasonalize the sales data. What is the deseasonalized sales value for quarter 3?
Low-Cost Items
Products that are sold at a minimal expense, often targeting budget-conscious consumers.
Convenience Product
Goods that the consumer purchases frequently, immediately, and with minimal comparison and buying effort.
Shopping Product
A type of product that consumers purchase after comparing quality, price, and style from several sellers.
Specialty Product
A product that is characterized by its unique attributes, high level of quality, or brand identity, often leading consumers to put forth a significant effort in purchasing it.
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