Loose Leaf for Statistical Techniques in Business and Economics
Loose Leaf for Statistical Techniques in Business and Economics
17th Edition
ISBN: 9781260152647
Author: Douglas A. Lind
Publisher: McGraw-Hill Education
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Chapter 18, Problem 9E
To determine

Determine a typical seasonal index for each of the four quarters.

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c. Predict sales in 15 years.
The sales of a company rose to Rs. 120,000 in the month of January to Rs. 130,000 in the month of February while the seasonal indices for these two months were : 120 and 150 respectively. Was such an increment in sales satisfactory ? If not, what should have been the sale in the month of February to keep pace with the seasonal index.
The creator of a new online multiplayer survival game has been tracking the monthly downloads of the game. The following table shows the monthly downloads (in thousands) for each month of the current and previous year.  Click on the datafile logo to reference the data.    Month  Downloads  Month  Downloads  (previous year)  (thousands)  (current year)  (thousands)  February  33.0  January  37.0  March  34.0  February  35.0  April  34.0  March  37.0  May  32.0  April  38.0  June  32.0  May  35.0  July  35.0  June  36.0  August  35.0  July  35.0  September  37.0  August  35.0  October  37.0  September  34.0  November  36.0  October  31.0  December  34.0      Compute the mean, median, and mode for number of downloads in the previous year. Mean (to 3 decimals)   thousand  Median (to 2 decimal)   thousand  Mode (to 2 decimal)    thousand…
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