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Statistical Methods in Economics


                   Notes              Table 7: Computation of Ratio-to-Moving Averages to Quarterly Sales Data of Table 6

                                      Year      Quarter      Actual       Centred       Centred       Ratio-to
                                                              sales       4-quarter     4-quarter     moving
                                                                          moving        moving       average in
                                                                            total       average     percentage
                                      1975          I          5.5
                                                   II          5.4
                                                   III         7.2          23.8          6.0          120.0
                                                   IV          6.0          23.5          5.9          101.7
                                      1976          I          4.8          23.2          5.8           82.8
                                                   II          5.6          22.5          5.6          100.0
                                                   III         6.3          21.9          5.5          114.5
                                                   IV          5.6          21.9          5.5          101.8
                                      1977          I          4.0          22.6          5.7           70.2
                                                   II          6.3          23.4          5.9           06.8
                                                   III         7.0          24.4          6.1          114.8
                                                   IV          6.5          25.1          6.3          103.2
                                      1978          I          5.2          25.5          6.4           81.3
                                                   II          6.5          26.1          6.5          100.0
                                                   III         7.5          26.8          6.7          111.9
                                                   IV          7.2          27.5          6.9          104.3
                                      1979          I          6.0          28.2          7.1           84.5
                                                   II          7.0          28.9          7.2           97.2
                                                   III         8.4
                                                   IV          7.7

                                         Table 8: Computation of Seasonal Indices for Quarterly Sales Data of Table 6.

                                                                      Quarters

                                          Year              I             II            III            IV
                                          1975             —              —            120.0          101.7
                                          1976            82.8           100.0         114.5          101.8
                                          1977            70.2           106.8         114.8          103.2
                                          1978            81.3           100.0         111.9          104.3
                                          1979            84.5           97.2           —              —
                                         Mean             79.7           101.0         115.3          102.8

                                     Seasonal index       79.9           101.3         115.6          103.2











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