Based on the seasonal indexes which quarter is expect

98. Based on the seasonal indexes, which quarter is expect to have 21% more demand than predicted by the
trend line?
A.
B.
C. 3
D.
1
2
4
AACSB: Analytic Skills
BLOOM: Application
Difficulty: Easy
Goal: 6
Lind - Chapter 16 #98
99. Based on the seasonal indexes, which quarter is expect to have 25% less demand than predicted by the
trend line?
2
3
4
AACSB: Analytic Skills
BLOOM: Application
Difficulty: Easy
Goal: 6
Lind - Chapter 16 #99
100. Using the trend line equation and the seasonal indexes, predict demand for the third period of the next
year, i.e., period 23.
AACSB: Analytic Skills
BLOOM: Application
Difficulty: Medium
Goal: 6
Lind - Chapter 16 #100

101. The seasonal indexes have:
AACSB: Communication Abilities
BLOOM: Comprehension
Difficulty: Easy
Goal: 6
Lind - Chapter 16 #101
The table below shows the sales for a plastics manufacturer recorded over the past year. The seasonal
indexes for each quarter are also provided. To track the trend for these four quarters, use the indexes to
deseasonalize the sales data
Lind - Chapter 16
102. What is the deseasonalized sales value for quarter 1?
A. 553.5
B. 984
C. 588
D. 184.5
AACSB: Analytic Skills
BLOOM: Application
Difficulty: Medium
Goal: 7
Lind - Chapter 16 #102
103. What is the deseasonlized sales value for quarter 3?
AACSB: Analytic Skills
BLOOM: Application
Difficulty: Medium
Goal: 7
Lind - Chapter 16 #103
104. Overall, sales are
AACSB: Communication Abilities
BLOOM: Comprehension
Difficulty: Hard
Goal: 7
Lind - Chapter 16 #104

105. What is the difference between seasonal and cyclical variation in a time series?
AACSB: Communication Abilities
BLOOM: Analysis
Difficulty: Medium
Goal: 6
Lind - Chapter 16 #105
106. What the null hypothesis is rejected based on the Durbin-Watson statistic, what type of problems occur
in regression analysis?
AACSB: Reflective Thinking Skills
BLOOM: Analysis
Difficulty: Hard
Goal: 8
Lind - Chapter 16 #106
107. Define autocorrelation.
Correlation between successive, or ordered, residuals. An example is occurs when a series of residuals
show a decreasing or increasing trend.
AACSB: Communication Abilities
BLOOM: Comprehension
Difficulty: Hard
Goal: 8
Lind - Chapter 16 #107

ch16 Summary
Category # of
Questions
AACSB: Analytic Skills 17
AACSB: Communication Abilities 89
AACSB: Reflective Thinking Skills 1
BLOOM: Analysis 2
BLOOM: Application 17
BLOOM: Comprehension 38
BLOOM: Knowledge 50
Difficulty: Easy 44
Difficulty: Hard 4
Difficulty: Medium 59
Goal: 1 22
Goal: 2 21
Goal: 3 9
Goal: 4 7
Goal: 5 8
Goal: 6 24
Goal: 7 10
Goal: 8 6
Lind - Chapter 16 111