Question

Problem in seasonal index.

Quarter	Accrual production 2019	Seasonal index
I ,first	690	66
II , second	708	76
III, third	820	95
IV, fourth	1376	163

1. What percentage of production is generated in the fourth quarter?
2. Remove the effect of seasonal variation from the actual production for four quarters.
3. Fourth quarter has the highest production.  Is it still the case if seasonal variation is discounted? Which quarter has the highest production after seasonal variation is removed?

Answer 1

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