The U.S. Department of Commerce publishes data on industrial machinery and equipment. Shown here are the...

The U.S. Department of Commerce publishes data on industrial machinery and equipment. Shown here are the shipments (in $ billions) of industrial machinery and equipment from the first quarter of year 1 through the fourth quarter of year 6. Use these data and the seasonal indexes below to deseasonalize the data.

Time Period	Industrial Machinery and Equipment Shipments
1st quarter (year 1)	54.019
2nd quarter	56.495
3rd quarter	50.169
4th quarter	52.891
1st quarter (year 2)	51.915
2nd quarter	55.101
3rd quarter	53.419
4th quarter	57.236
1st quarter (year 3)	57.063
2nd quarter	62.488
3rd quarter	60.373
4th quarter	63.334
1st quarter (year 4)	62.723
2nd quarter	68.380
3rd quarter	63.256
4th quarter	66.446
1st quarter (year 5)	65.445
2nd quarter	68.011
3rd quarter	63.245
4th quarter	66.872
1st quarter (year 6)	59.714
2nd quarter	63.590
3rd quarter	58.088
4th quarter	61.443

Quarter	Index
1	98.07
2	103.84
3	97.04
4	101.05

Give the answer for quarter 1 year 5. (Rounded to three decimal places.)

1st Quarter (year 5)=

Expert Solution

The Seasonal Index given are wrong.

See below the correct Seasonal Index (S.I).

Actual = actual shipment values

avg.S.I. = average of Seasonal indices for i th quarter ( i = 1,2,3,4)

1st Quarter (year 5) = 67.205

orchestra answered 1 year ago

1. The U.S. Department of Agriculture publishes data annually on various selected farm products. Shown here...

1. The U.S. Department of Agriculture publishes data annually on various selected farm products. Shown here are the unit production figures (in millions of bushels) for three farm products for 10 years during a 20-year period. (leave 3 decimal places) Corn Soybeans Wheat 4152 1127 1352 6639 1798 2381 4175 1636 2420 7672 1861 2595 8876 2099 2424 8226 1940 2091 7131 1938 2108 4929 1549 1812 7525 1924 2037 7933 1922 2739 (1). If we want to predict the...

According to a report by the Commerce Department in the fall of 2004, 20% of U.S....

According to a report by the Commerce Department in the fall of 2004, 20% of U.S. households had some type of high-speed Internet connection. Let Nn denote the number of U.S. households with a high-speed Internet connection in n households. What is the probability that 20 of the first 200 households surveyed have high-speed Internet given that 5 of the first 75 households surveyed have it?

1. The Bureau of Economic Analysis in the U.S. Department of Commerce reported that the mean...

1. The Bureau of Economic Analysis in the U.S. Department of Commerce reported that the mean annual income for a resident of North Carolina is $ 18,688 with a Standard Deviation of 15000 (USA Today, August 24, 1995). A researcher for the state of South Carolina wants to test the following hypothesis: where μ is the mean annual income for a resident of South Carolina. The researcher gathers information from a sample of 625 residents of South Carolina and finds...

The Bureau of Economic Analysis in the U.S. Department of Commerce reported that the mean annual...

The Bureau of Economic Analysis in the U.S. Department of Commerce reported that the mean annual income for a resident of North Carolina is $18,688 (USA Today, August 24, 1995). A researcher for the state of South Carolina wants to see if the mean annual income for a resident of South Carolina is different. A sample of 400 residents of South Carolina shows a sample mean annual income of $16,860 and the population standard deviation is assumed to known, ...

U.S. Bureau of Economic Analysis (BEA) publishes data for GDP with the breakdown of all the...

U.S. Bureau of Economic Analysis (BEA) publishes data for GDP with the breakdown of all the components of GDP. Visit their website by clicking on the following link https://apps.bea.gov/iTable/iTable.cfm?reqid=19&step=2#reqid=19&step=2&isuri=1&1921=survey Then select Table 1.1.5. Gross Domestic Product, from SECTION 1- Domestic Product. Using the table answer the following questions: a. Based on the table, what are the components that are listed as part of the consumption. You do not need to provide the values only names are enough. b. Based on...

According to the Commerce Department in the Spring of 2016, 65% of U.S. households had some...

According to the Commerce Department in the Spring of 2016, 65% of U.S. households had some form of high-speed internet connection. Suppose 35 U.S. households were selected at random, find the probability that: Exactly 15 of these households had a high-speed internet connection……………………………. Between 16 and 25 had (inclusive) had a high-speed internet connection......................... Less than 18 had a high-speed internet connection…………………………………...... More than 28 had a high-speed internet connection

The Bureau of Economic Analysisin the U.S. Department of Commerce reported that the mean annual income...

The Bureau of Economic Analysisin the U.S. Department of Commerce reported that the mean annual income for a resident of North Carolina is $18,688 (USA Today, August 24, 1995). A researcher for the state of South Carolina wants to see if the mean annual income for a resident of South Carolina is different. A sample of 400 residents of South Carolina shows a sample mean annual income of $16,860 and the population standard deviation is assumed to known, =$14,624. Use...

Shown below are rental and leasing revenue figures for office machinery and equipment in the United...

Shown below are rental and leasing revenue figures for office machinery and equipment in the United States over a 7-year period according to the U.S. Census Bureau. Use this data and the regression tool in the data analysis tool pack to run a linear regression. Based on the formula you get from the regression output, answer the following questions: a) What is the forecast for the rental and leasing revenue for the year 2011? b) How confident are you in...

1. In October 2000, the U.S. Department of Commerce reported the results of a large-scale survey...

1. In October 2000, the U.S. Department of Commerce reported the results of a large-scale survey on high school graduation. Researchers contacted more than 25,000 Americans aged 24 years to see if they had finished high school; 83.9% of the 12,460 males and 87.8% of the 12,678 females indicated that they had high school diplomas. a. Are the assumptions and conditions necessary for inference satisfied? Explain. b. Create a 95% confidence interval for the difference in graduation rates between males...

super-savers ltd is a major manufacturer of industrial machinery. when the stores department requires items to...

super-savers ltd is a major manufacturer of industrial machinery. when the stores department requires items to be purchased, they issue a three-part pre-numbered purchase requisition that needs to be approved by the stores’ manager. copy 1 is sent to the purchasing department, copy 2 is sent to the accounts payable department and copy 3 is filed in the stores department. on receipt of an approved purchase requisition, the purchasing department issues a five-part pre-numbered purchase order. copy 1 is sent...

Question