hey
i am stuck on the attached questions, any help will be appreciated.....
thanks!
So for question one, three median smothing and five median smoothing are very similar. It works by taking the data point we want to smooth and then using the points around it to find the 'middle value'. So for an example of three median smoothing, take data point 2, we compare data points 1,2 and 3 and take the 'middle' value and replace data point 2 with that value. FIve median moving works the same except we take two to the left and two to the right.
a) i - we have values 30 (point 3), 40 (point 4) and 22.5 (point 5), since 30 is the middle value it is the value of point 4 after 3 median smoothing
For the second question we use the formula Seasonal Index=Actual Figure/Desonalised Figure
so Deseasonalised Figure = Actual Figure/Seasonal Index
DF=AF/1.2 in this case
Since we are dividing by 1.2, we are basically multiplying AF by 1/1.2 or 0.83
1-0.83=.17, so we are reducing the AF by 17%
For the second q