Attendance at Orlando\'s newest Disneylike attraction, Lego World, has been as f
ID: 383232 • Letter: A
Question
Attendance at Orlando's newest Disneylike attraction, Lego World, has been as follows: Guests (in thousands) 68 Guests (in thousands) 125 54 Quarter Quarter Winter Year 1 Spring Year 1 Summer Year 1 Fall Year1 Winter Year 2 Spring Year 2 Summer Year 2 Fall Year2 Winter Year 3 Spring Year 3 Summer Year 3 Fall Year3 168 65 83 161 210 98 Based on the given attendance, the seasonal indices for each of the seasons are (round your responses to three decimal places): Season Index Winter SPRING SUMMER FALL_..-Explanation / Answer
ANSWER: The seasonal indices for each of the seasons are as below
Seasonal Index : It is a way of measuring seasonal variation, i.e., to measure the chance caused due to seasonal changes in demand.
The snap shot of working in excel is pasted below for your reference & record.
Seasonal Index = Respective variable / Average variable.
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