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

Question

Quizplus · Accepted Answer

Monthly typical seasonal indexes should be calculated by averaging specific seasonal indexes for every month. This will provide a more accurate picture of seasonal patterns and help businesses make better forecasting and planning decisions. Averaging for every year, quarter or day would not provide a monthly perspective on seasonal trends.

To Calculate Monthly Typical Seasonal Indexes, the Specific Seasonal Indexes