Reference no: EM132443475
Question 1: The quarterly cost (in million) of Temitope Industries Nigeria PLC are as follow
Years/Quarters 1 2 3 4
1994 14.01 14.00 13.91 14.93
1995 14.00 14.36 14.42 15.942
1996 14.65 15.00 14.98 15.942
1997 15.06 15.75
Determine the seasonal component of the time series by ratio - to moving average method
Question 2: The following figures show the production in million of tons in a certain industry over a ten year period
Year |
Production |
1988 |
98 |
1989 |
92 |
1990 |
80 |
1991 |
89 |
1992 |
83 |
1993 |
69 |
1994 |
69 |
1995 |
67 |
1996 |
58 |
1997 |
61 |
a. Use the regression analysis method to estimate the trend component of the time series.
b.Use the equation to forecast production in 1998 and 1999.
Question 3: The following data shows the quarterly sales in million for WAZOBIA ventures Nigeria Plc.
Years/Quarters I II III IV
1994 73 71 88 104
1995 114 103 105 142
1996 153 152 158 165
1997 181 170 174 187
Calculate the seasonal index using the link relative method. Deseasonalise the original data.