Exhibit 17-1 Below You Are Given the First Five Values of a of a Quarterly

question 51

Multiple Choice

Exhibit 17-1
Below you are given the first five values of a quarterly time series. The multiplicative model is appropriate and a four-quarter moving average will be used.
-Refer to Exhibit 17-1. An estimate of the seasonal-irregular component for Quarter 3 of Year 1 is

• A).64
• B)1.5625
• C)5.333
• D)30

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