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ECON 245 (3)
Lecture

Assignment #3 Answers

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Department
Economics
Course
ECON 245
Professor
Betty Johnson
Semester
Summer

Description
University of Victoria November 1 2013 Economics 245Assignment 3 Solutions DueFriday November 8 2013 3pm In the boxes marked AECON 245 near the Economics DepartmentOfficeShow all your workPut your LAB section on your assignmentQuestion 14 Marks a Adjust the data such that the seasonal component is eliminated 2 marks The seasonal indices given are only the preliminary values Year Quarter Y Seasonal Index S tt2010 1 600 882 750 1253 820 1304 625 86114488125130861229800001053073 GMust adjust the preliminary seasonal indices by 1053073 Now the geometric mean equals 100 Yt Final Seasonal Index SYS tt600 835649 7180046 750 1187002 631844 820 1234482 6642463 625 816657 7653149b Find the seasonally adjusted values for the following quarterly time series data 2 marks Quarter Y Seasonal Index S tt1 40 5 2 50 16 3 45 19 4 55 6Yt SeasonalIndex Adjust index by 3YS tt St 34 40 5 516 33 50 16 16117 63 45 19 19118 60 55 6 615Sum4 Sum0Average 44 11
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