Appliance Center sells a variety of electronic equipment and home appliances. For the last 4 years, 2010 through 2013, the following quarterly sales (in $ millions) were reported.
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Quarter
Year I II III IV
2010 5.3 4.1 6.8 6.7
2011 4.8 3.8 5.6 6.8
2012 4.3 3.8 5.7 6.0
2013 5.6 4.6 6.4 5.9
“SEE THE ATTACHED EXCEL SPREADSHETT”
Determine a typical seasonal index (adjusted) for each of the four quarters. (Round your answers to 4 decimal places.)
Seasonal
Quarter Index
1
2
3
4
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