Teton Village contains shops, restaurants and motels. They have two peak seasons - winter for skiing, and summer for tourists visiting nearby parks. The specific seasonal with respect to the total sales volume for recent years are: Using the seasonal indexes below, explain the typical index for the spring season.

A) Total sales for the spring season are typically 18.3% below the annual average.
B) Total sales for the spring season are typically 18.3% above the annual average.
C) Total sales for the spring season are typically 81.7% below the annual average.
D) Total sales for the spring season are typically 81.5% below the annual average.

Question

Teton Village contains shops, restaurants and motels. They have two peak seasons - winter for skiing, and summer for tourists visiting nearby parks. The specific seasonal with respect to the total sales volume for recent years are:

Using the seasonal indexes below, explain the typical index for the spring season.

A) Total sales for the spring season are typically 18.3% below the annual average. 
B) Total sales for the spring season are typically 18.3% above the annual average. 
C) Total sales for the spring season are typically 81.7% below the annual average. 
D) Total sales for the spring season are typically 81.5% below the annual average.

Quizplus · Accepted Answer

According to the seasonal index for spring, the value is 81.7. This indicates that the sales for the spring season are typically 18.3% below the annual average (100-81.7=18.3). Therefore, choice A is the correct option.

Teton Village Contains Shops, Restaurants and Motels