Business, 25.04.2020 00:43 owlette2001
Seasonal Indexes of sales revenue of People's Bank using multiplicative decomposition are:
Jan. Febr. March April May June July Aug. Sept. Oct. Nov.
1.2 0.9 1.0 1.08 1.02 1.1 1.05 0.9 0.85 1.0 1.1
If December 1999 revenue for People's Bank amounted to $5,000, a reasonable estimate of revenue for January 2000, based on the seasonal indexes given above, would be:
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Seasonal Indexes of sales revenue of People's Bank using multiplicative decomposition are:
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