Suppose that the unadjusted seasonal factor for the month of April is 1.10. The sum of the 12 months' unadjusted seasonal factor values is 12.18. The normalized (adjusted) seasonal factor value for April
A) is larger than 1.1.
B) is smaller than 1.1.
C) is equal to 1.1.
D) cannot be determined with the information provided.

Question

Quizplus · Accepted Answer

12.18/12 = 1.015, which is less than 1.1.

Suppose That the Unadjusted Seasonal Factor for the Month of April