Calculate the seasonal index for the following data using simple average method.

April 27, 2026Economics

ScanSolve AI Answer

April 27, 2026

Answer

\frac{376}{5} = 75.2 $$

Here are the solutions for questions 11, 12, 13, and 14.

Question 11: Calculate the seasonal index for the following data using simple average method.

Step 1: Calculate the average for each quarter.

1st Quarter Average: $\frac{72+76+74+76+78}{5} = \frac{376}{5} = 75.2$
2nd Quarter Average: $\frac{68+70+66+74+74}{5} = \frac{352}{5} = 70.4$
3rd Quarter Average:

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Calculate the seasonal index for the following data using simple average method. Step 1: Calculate the average for each quarter.

Asked on April 27, 2026Economics

This economics question tests your understanding of economic models and analysis. The step-by-step answer below applies the relevant framework and explains the reasoning.

ScanSolve AI AnswerAnswered on April 27, 2026

Here are the solutions for questions 11, 12, 13, and 14. Question 11: Calculate the seasonal index for the following data using simple average method. Step 1: Calculate the average for each quarter. 1st Quarter Average: (72+76+74+76+78)/(5) = (376)/(5) = 75.2 2nd Quarter Average: (68+70+66+74+74)/(5) = (352)/(5) = 70.4 3rd Quarter Average: