Assignment Scenario Pam Golding Properties is recognised locally and internationally as Southern Africa's leading independent real estate group and the South African's most awarded real estate company. Offering a full spectrum of property services, Pam Golding Properties boasts a network of over 300 offices in sub-Saharan Africa as well as offices in the UK, Germany, Mauritius and Seychelles. The Group also facilitates property sales and residency in Spain and Portugal and property sales in the USA. The Pam Golding Property group forms part of a strategic alliance with one of the world's largest property groups, Savills plc, gaining access to its prestigious network of over 600 offices worldwide. Through this partnership and other associations, including Homecoming Revolution and Southern Africa Luxury Association, their estate agents are uniquely equipped to provide prospective buyers and sellers with a comprehensive range of professional property services. The group has concluded that to plan for the growth of the Pam Golding Property in the northern suburbs, the sales director, Mrs Carmen Samuels needs to develop a system that will enable her to forecast property sales by quarter for up to one year in advance. The number of houses sold quarterly by Pam Golding Property in the northern suburbs is recorded for the 16 quarters from 2020 to 2023, as shown in Table 1. Table 1. Quarterly house sales by Pam Golding (2020-2023) Season Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 2020 54 58 94 70 2021 55 61 87 66 2022 49 55 95 74 2023 60 64 99 80 Management Question 2 Refer to the quarterly house sales data in Table 1. Mrs Samuels would like to identify the impact of quarterly seasonal influences on house sales. Calculate the quarterly seasonal indexes for the house sales data and interpret the results for the sales director of Pam Golding Property in the northern suburbs. [20 marks] ​