Seasonal Indices (VCE SSCE General Mathematics): Flashcards
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Seasonal indices definition
Seasonal indices definition
Numbers showing how a period compares to average
Average of all seasonal indices
Average of all seasonal indices
The average equals 1
Sum of seasonal indices equals
Sum of seasonal indices equals
Number of time periods
SI > 1 means
SI > 1 means
Period is above average
SI < 1 means
SI < 1 means
Period is below average
Deseasonalise formula
Deseasonalise formula
Reseasonalise formula
Reseasonalise formula
Calculate SI formula
Calculate SI formula
Purpose of deseasonalising
Purpose of deseasonalising
Reveal underlying trend without seasonal fluctuations
SI of 1.26 is what % above average?
SI of 1.26 is what % above average?
26% above average
