Exhibit 17-1
Below you are given the first five values of a quarterly time series. The multiplicative model is appropriate and a four-quarter moving average will be used.
-Refer to Exhibit 17-1. An estimate of the seasonal-irregular component for Quarter 3 of Year 1 is
A).64
B)1.5625
C)5.333
D)30

Question

Exhibit 17-1
Below you are given the first five values of a quarterly time series. The multiplicative model is appropriate and a four-quarter moving average will be used. 
-Refer to Exhibit 17-1. An estimate of the seasonal-irregular component for Quarter 3 of Year 1 is
A).64 
B)1.5625 
C)5.333 
D)30

Quizplus · Accepted Answer

The seasonal-irregular component is calculated by dividing the actual value by the trend-cycle component. Given the options, .64 is the most plausible estimate for a seasonal-irregular component.

Exhibit 17-1 Below You Are Given the First Five Values of a of a Quarterly