In a time series analysis, the multiplicative model is used to forecast sales and the following seasonal variations apply: Quarter 1 2 3 4 Seasonal variation 1.2 1.3 0.4 ? The actual sales values for the first two quarters of 2006 were: Quarter 1: $125,000 Quarter 2: $130,000
27.17 What is the seasonal variation for the fourth quarter? A –2.9 B 0.9 C 1.0 D 1.1