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Question:

The table below gives the quarterly enrollment in a major American business college for the period 2007-2010.

Year

Winter

Spring

Summer

Autumn

2007

2033

1871

714

2318

2008

2174

2069

840

2413

2009

2370

2254

927

2704

2010

2625

2478

1136

30

a) Draw to scale a time series graph representing the above data.

b) Using the ratio-to-moving-average method, determine the quarterly seasonal indices.

c) Interpret the quarterly pattern of enrolment

d) Compute the trend equation.

e) Forecast the 2011 enrolment by quarter.

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