Compute the seasonal indexes


Response to the following question:

Small Wonder, an amusement park, experiences seasoned attendance. It has collected two years of quarterly attendance data and made a forecast of annual attendance for the upcoming year. Compute the seasonal indexes for the four quarters and generate quarterly forecasts for the coming year, assuming annual attendance for the coming year to be 1525.

Quarter        Park Attendance Year 1       Park Attendance Year 2
Fall                     352                                391
Winter                156                                212
Spring                489                                518
Summer             314                                352

 

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Basic Statistics: Compute the seasonal indexes
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