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Supplementary objective test questions

11.5 A moving average analysis has shown quarterly seasonal variations in a set of
data as follows:

Q1 +12, Q2 +6, Q3 – 10, Q4 –8

Actual figures for the quarters are:

Q1 165, Q2 175, Q3 175, Q4 193

What is the quarterly trend shown by this data?

A decrease of 12 per quarter

B increase of 12 per quarter

C decrease of 16 per quarter

D increase of 16 per quarter

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