In the calculation of 4-quarter seasonal indices the total of the quarterly means will be:
A) 4.0.
B) 1.0.
C) 100%.
D) a variable.
E) 4.0/total of the quarterly means.

Name: In the calculation of 4-quarter seasonal indices the total of the quarterly means will be: A) 4.0. B) 1.0. C) 100%. D) a variable. E) 4.0/total of the quarterly means.
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Question

Quizplus · Accepted Answer

The total of the quarterly seasonal indices for a complete cycle (4 quarters) should equal 4.0, as each quarter's index represents a proportion of the annual total.

In the Calculation of 4-Quarter Seasonal Indices the Total of the Quarterly