Calculating seasonally adjusted figure for multiplicative model

This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
October 3, 2014 at 3:16 am #203290
Bhagat
Participant
- Topics: 17
- Replies: 19
Please assist me with the following question:
Actual unemployment level for quarter 2 of year 2000 is recorded as 4700. The underlying trend up to this point is 4300. Given the seasonal factor of 0.92, what is the seasonally adjusted figure? Answer provided is
5109 (nearest whole number)
Please show me the steps to arrive at the given answet. Your help is much appreciated.
October 3, 2014 at 7:50 am #203300
John Moffat
Keymaster
- Topics: 57
- Replies: 54838
A seasonal factor of 0.92 means that we would expect the figure to be only 0.92 x what it would have been without seasonality.
So had there been no seasonality, we would expect actual unemployment to have been 4700 / 0.92 = 5,109
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.