Lahore School of Economics

BSc IV
Time Series Analysis and Forecasting Winter 2022

Name:_____________________ Section:_______________

Date:______________________ Score:________________

Assignment No. 13 (a)

Work Gloves Corp. is reviewing its quarterly sales of Toughie, glove it produces. The
number of pairs produced (in thousands) by quarter are:

Quarter
Year I II III IV
2015 16 33 62 18
2016 15 38 57 17
2017 18 38 56 20
2018 17 36 57 20

Using Additive model:

i. Determine a typical seasonal index for each of the four quarters.
ii. Deseasonalize the data and fit a least square trend equation.
Use Minitab to fit the equation.
iii. Forecast the seasonally adjusted sales for all quarters of 2019.