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Quarterly Billing for Water Usage Is Shown Below AFind the Seasonal Index for Each Quarter

Question 41

Essay

Quarterly billing for water usage is shown below.  Year  Quarter 1234 Winter 64666873 Spring 103103104120 Summer 152160162176 Fall 73727888\begin{array} { c | r r r r } & { \text { Year } } \\\text { Quarter } & 1 & { 2 } & { 3 } & { 4 } \\\hline \text { Winter } & 64 & 66 & 68 & 73 \\\text { Spring } & 103 & 103 & 104 & 120 \\\text { Summer } & 152 & 160 & 162 & 176 \\\text { Fall } & 73 & 72 & 78 & 88\end{array}
a.Find the seasonal index for each quarter.
b.Deseasonalize the data.
c.Find the trend line.
d.Assume there is no cyclical component and forecast the summer billing for year 5.

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