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In Determining Monthly Seasonal Indexes for Petrol Consumption, the Sum

Question 147

Multiple Choice

In determining monthly seasonal indexes for petrol consumption, the sum of the 12 means for petrol consumption as a percentage of the moving average is 1230. To get the seasonal indexes, each of the 12 monthly means is to be multiplied by:


A) 1200 / 1230.
B) 1230 / 1200.
C) (1230 + 1200) / 2.
D) (1230 + 1200) / 12.

Correct Answer:

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