How to solve Iift 2017 Question 110?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2017 Question 110

This is a detailed step-by-step solution for Iift 2017 Question 110. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Quarters with positive deviations from its trend
1999 Quarter 1, deviation = Value - moving average = 68-62.88 = 5.12
1999 Quarter 4, deviation = 67-65.25 = 1.75
2000 Quarter 1, deviation = 70-63.88 = 6.12
2001 Quarter 1, deviation = 60-55.12 = 4.88
Clearly, 1999 Quarter 1 is second highest.

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