Determine a typical seasonal index for each of the four quar
Determine a typical seasonal index for each of the four quarters
I need to know how to do this in excel as well
| Absent | |||
| 4 | |||
| 10 | |||
| 5. Victor Anderson, the owner of Anderson Belts Inc., is studying absenteeism among his employees. His workforce is small, consisting of only five employees. For the last 3 years, 2011 - 2013, he recorded the following number of employee absences, in days for each quarter. | 7 | ||
| Year | Quarter | 3 | |
| 2011 | 1 | 5 | |
| 2 | 12 | ||
| 3 | 9 | ||
| 4 | 4 | ||
| 2012 | 1 | 6 | |
| 2 | 16 | ||
| 3 | 12 | ||
| 4 | 4 | ||
| 2013 | 1 | ||
| 2 | |||
| 3 | |||
| 4 | |||
| Determine a typical seasonal index for each of the four quarters I need to know how to do this in excel as well | 
Solution
Grand mean = 7.666667
Seasonal Index = Quarter mean/Grand mean
| Year/Quarter | Q1 | Q2 | Q3 | Q4 | 
| 2011 | 4 | 3 | 9 | 16 | 
| 2012 | 10 | 5 | 4 | 12 | 
| 2013 | 7 | 12 | 6 | 4 | 
| Quarter Sum | 21 | 20 | 19 | 32 | 
| Quarter mean | 7 | 6.6667 | 6.3333 | 10.6667 | 

