32 Questions
| Attempts: 363

Questions and Answers

- 1.
**A time series data set contains values from Monday to Friday, and the Seasonal Index for Friday is 1.23. What is the seasonal index for an average day?** - 2.
**A time series data set contains values from Monday to Sunday, and the Seasonal Index for Sunday is 0.23. What is the seasonal index for an average day?** - 3.
**A time series data set contains values for the 12 months of the year, and the Seasonal Index for July is 1.23. What is the seasonal index for an average month?** - 4.
**A time series data set contains values for the 12 months of the year, and the Seasonal Index for April is 0.85. What is the seasonal index for an average month?** - 5.
**A time series data set contains values for the four seasons of the year, and the Seasonal Index for Winter is 0.85. What is the seasonal index for an average season?** - 6.
**A time series data set contains values for the four seasons of the year, and the Seasonal Index for Autumn is 1.25. What is the seasonal index for an average season?** - 7.
**The data above shows the seasonal indices for 11 months. What is missing index?** - 8.
**The seasonal index for Summer is calculated to be 1.03. This means :**- A.
Summer is 1.03% above the seasonal average

- B.
Summer is 30% above the seasonal average

- C.
Summer is 3% below the seasonal average

- D.
Summer is 3% above the seasonal average

- E.
Summer is 7% below the seasonal average

- 9.
**The seasonal index for Winter is calculated to be 1.13. This means :**- A.
Winter is 1.13% above the seasonal average

- B.
Winter is 0.13% above the seasonal average

- C.
Winter is 0.13% below the seasonal average

- D.
Winter is 13% above the seasonal average

- E.
Winter is 13% below the seasonal average

- F.
Winter is coming

- 10.
**The seasonal index for Autumn is calculated to be 1.27. This means :**- A.
Autumn is 1.27% above the seasonal average

- B.
Autumn is 0.27% above the seasonal average

- C.
Autumn is 1.27% below the seasonal average

- D.
Autumn is 27% above the seasonal average

- E.
Autumn is 27% below the seasonal average

- F.
Autumn is going to have lots of leaves this year

- 11.
**The seasonal index for**Spring**is calculated to be 1.53 This means :**- A.
Spring is 1.53% above the seasonal average

- B.
Spring is 0.53% above the seasonal average

- C.
Spring is 1.53% below the seasonal average

- D.
Spring is 53% above the seasonal average

- E.
Spring is 53% below the seasonal average

- F.
Spring is a good time for holidays

- 12.
**The seasonal index for Monday is calculated to be 1.02. This means :**- A.
Monday is 1.02% above the daily average

- B.
Monday is 1.02% above the weekly average

- C.
Monday is 2% below the daily average

- D.
Monday is 2% above the daily average

- E.
Monday is 2% above the weekly average

- F.
Monday is not as good as Friday

- 13.
**The seasonal index for Wednesday is calculated to be 1.07. This means :**- A.
Wednesday is 1.07% above the daily average

- B.
Wednesday is 1.07% above the weekly average

- C.
Wednesday is 7% below the daily average

- D.
Wednesday is 7% above the daily average

- E.
Wednesday is 7% above the weekly average

- F.
Wednesday is not as good as other days

- 14.
**The seasonal index for December is calculated to be 1.09. This means :**- A.
December is 1.09% above the monthly average

- B.
December is 1.09% above the annual average

- C.
December is 9% below the monthly average

- D.
December is 9% above the monthly average

- E.
December is 9% above the annual average

- F.
December is better than other months

- 15.
**The seasonal index for July is calculated to be 1.41. This means :**- A.
July is 1.41% above the monthly average

- B.
July is 1.41% above the annual average

- C.
July is 0.41% above the monthly average

- D.
July is 41% above the monthly average

- E.
July is 41% above the annual average

- F.
July is better than other months

- 16.
**The seasonal index for July is calculated to be 0.41. This means :**- A.
July is 0.41% below the monthly average

- B.
July is 0.41% below the annual average

- C.
July is 59% below the monthly average

- D.
July is 41% below the monthly average

- E.
July is 59% below the annual average

- F.
July is worse than other months

- 17.
**The seasonal index for June is calculated to be 0.70. This means :**- A.
June is 0.70% below the monthly average

- B.
June is 0.70% below the annual average

- C.
June is 30% below the monthly average

- D.
June is 70% below the monthly average

- E.
June is 30% below the annual average

- F.
June is too cold to be doing anything

- 18.
**The seasonal index for March is calculated to be 0.45. This means :**- A.
March is 0.45% below the monthly average

- B.
March is 0.45% below the annual average

- C.
March is 55% below the monthly average

- D.
March is 45% below the monthly average

- E.
March is 55% below the annual average

- F.
March is worse than other months

- 19.
**The seasonal index for Tuesday is calculated to be 0.45. This means :**- A.
Tuesday is 0.45% below the daily average

- B.
Tuesday is 0.45% below the weekly average

- C.
Tuesday is 55% below the daily average

- D.
Tuesday is 45% below the daily average

- E.
Tuesday is 55% below the weekly average

- F.
Tuesday is worse than other days of the week

- 20.
**The seasonal index for Sunday is calculated to be 0.75. This means :**- A.
Sunday is 0.75% below the daily average

- B.
Sunday is 0.75% below the weekly average

- C.
Sunday is 25% below the daily average

- D.
Sunday is 75% below the daily average

- E.
Sunday is 25% below the weekly average

- F.
Sunday is a fun day.

- 21.
**The seasonal index for Autumn is calculated to be 0.75. This means :**- A.
Autumn is 0.75% below the annual average

- B.
Autumn is 0.75% below the seasonal average

- C.
Autumn is 25% below the seasonal average

- D.
Autumn is 75% below the annual average

- E.
Autumn is 25% below the monthly average

- F.
Autumn is good if you like leaves..

- 22.
**The data above shows the seasonal indices for 11 months. What is missing index?** - 23.
**The data above shows the seasonal indices for 11 months. What is missing index?** - 24.
**The data above shows the seasonal indices for 11 months. What is missing index?** - 25.
**The data above shows the seasonal indices for 11 months. What is missing index?**