Determine a typical seasonal index for each of the four

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Reference no: EM13580102

Question: 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: EM13580102

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