Determine a typical seasonal index

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Reference no: EM13245133

The Appliance Centre sells a variety of electronic equipment and home appliances. For the last four years the following quarterly sales (in $ millions) were reported.

Quarter

Year	I	II	III	IV
2005	$5.30	$4.10	$6.80	$6.70
2006	4.8	3.8	5.6	6.8
2007	4.3	3.8	5.7	6
2008	5.6	4.6	6.4	5.9

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

Reference no: EM13245133

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