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1. A seasonal index value of 87.5 indicates that the value for that calendar period is typically

12.5% below the trend

12.5% below the previous period's value

87.5 units above the previous period's value

87.5 units above the trend

2. A moving average is applied to a time series of data to

remove the effect of seasonality and cycles

highlight the effect of seasonality

remove the trend from the series

identify the time series period

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92582404

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