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Iift 2017 Question 111

This is a detailed step-by-step solution for Iift 2017 Question 111. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Quarters with negative deviation from its trend
Average deviation for any quarter = Sum of all deviations from the quarter / Number of years
By observation, Quarter 1 will be rejected as all its deviations are positive.
Average deviation for quarter 2 = ((63-64.5) + (59-61.12) + (55-55.25))/3 = (-1.5-2.12-0.25)/3 = -3.87/3
Average deviation for quarter 3 = ((56-60.38) + (63-65.5) + (56-58))/3 = (-4.38-2.5-2)/3 = -8.88/3
Average deviation for quarter 4 = ((61-61.38) + (67-65.25) + ( 52-56.25 ))/3 = (-0.38+1.75-4.25)/3 = -2.88/3
Quarter 3 has maximum average negative deviation.

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