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:
In which year the annual output growth has been the lowest and what is the value?
Value of output for yearÂ
1998Â Â Â 65+58+56+61 = 240
1999Â Â Â 68+63+63+67 = 261
2000Â Â Â 70+59+56+52 = 237
2001Â Â Â 60+55+51+58 = 224
Output Growth for
1999Â Â Â Â ((261-240)/240)*100 = 8.75
2000Â Â Â Â Â ((237-261)/261)*100Â = -9.2
2001Â Â Â Â Â ((224-237)/237)*100Â = 5.48
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