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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 113
In which year the annual output growth has been the lowest and what is the value?
Solution
Value of output for year
1998 65+58+56+61 = 240
1999 68+63+63+67 = 261
2000 70+59+56+52 = 237
2001 60+55+51+58 = 224
Output Growth for
1999 ((261-240)/240)*100 = 8.75
2000 ((237-261)/261)*100 = -9.2
2001 ((224-237)/237)*100 = 5.48
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