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Instructions
Refer to the Table below. It provides quarterly output data of a company for four years (1998-2001) and its trend calculated through 4-quarter Moving Average Method:
Question 110
In which year and which quarter the output has second highest positive deviation from its trend?
Solution
Quarters with positive deviations from its trend
1999 Quarter 1, deviation = Value - moving average = 68-62.88 = 5.12
1999 Quarter 4, deviation = 67-65.25 = 1.75
2000 Quarter 1, deviation = 70-63.88 = 6.12
2001 Quarter 1, deviation = 60-55.12 = 4.88
Clearly, 1999 Quarter 1 is second highest.
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