Seasonal Indices (VCE SSCE General Mathematics): Flashcards

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Seasonal Indices
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Seasonal indices definition

Numbers showing how a period compares to average

Average of all seasonal indices

The average equals 1

Sum of seasonal indices equals

Number of time periods

SI > 1 means

Period is above average

SI < 1 means

Period is below average

Deseasonalise formula

Actual÷SI\text{Actual} \div \text{SI}

Reseasonalise formula

Deseasonalised×SI\text{Deseasonalised} \times \text{SI}

Calculate SI formula

Period value÷Average\text{Period value} \div \text{Average}

Purpose of deseasonalising

Reveal underlying trend without seasonal fluctuations

SI of 1.26 is what % above average?

26% above average

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