Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Question
The following specific seasonal factors were estimated for the month of October:
65.4 | 76.8 | 66.9 | 72.6 | 70.0 |
If the adjustment is 0.98 and the modified mean is used, and if the expected trend for October is $800, what is the seasonally adjusted
a. $561.00
b. $551.47
c. $570.00
d. $1,168.8
e. None of the options are correct.
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