Ratio to moving average method
An analyst wants to use the ratio-to-moving average method to forecast a company's sales for the next few quarters. Beginning in Quarter 4 of 2005, the analyst collects the following sales data (in millions of dollars).
Estimate the seasonal index associated with Quarter 3. Round your answer to at least three decimal places.
keywords: averages, moving-average© BrainMass Inc. brainmass.com April 1, 2020, 4:07 pm ad1c9bdddf
The solution provides step by step method for the calculation of seasonal index . Formula for the calculation and Interpretations of the results are also included.