To calculate monthly typical seasonal indexes, a specific seasonal index must be computed for
A) Every month.
B) Every year.
C) Every quarter.
D) Every day.

Question

Quizplus · Accepted Answer

Monthly typical seasonal indexes are computed for every month to identify and adjust for seasonal patterns in data. Seasonal indexes are specific to certain time periods (in this case, months) and cannot be accurately calculated for longer or shorter periods of time.

To Calculate Monthly Typical Seasonal Indexes, a Specific Seasonal Index