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प्रश्न
Fit equation of trend line for the data given below.
Year | Production (y) | x | x2 | xy |
2006 | 19 | – 9 | 81 | – 171 |
2007 | 20 | – 7 | 49 | – 140 |
2008 | 14 | – 5 | 25 | – 70 |
2009 | 16 | – 3 | 9 | – 48 |
2010 | 17 | – 1 | 1 | – 17 |
2011 | 16 | 1 | 1 | 16 |
2012 | 18 | 3 | 9 | 54 |
2013 | 17 | 5 | 25 | 85 |
2014 | 21 | 7 | 49 | 147 |
2015 | 19 | 9 | 81 | 171 |
Total | 177 | 0 | 330 | 27 |
Let the equation of trend line be y = a + bx .....(i)
Here n = `square` (even), two middle years are `square` and 2011, and h = `square`
The normal equations are Σy = na + bΣx
As Σx = 0, a = `square`
Also, Σxy = aΣx + bΣx2
As Σx = 0, b = `square`
Substitute values of a and b in equation (i) the equation of trend line is `square`
To find trend value for the year 2016, put x = `square` in the above equation.
y = `square`
उत्तर
Let the equation of trend line be y = a + bx .....(i)
Here n = 10 (even), two middle years are 2010 and 2011, and h = 2
The normal equations are Σy = na + bΣx
As Σx = 0,
∴ 177 = 10a + b(0)
∴ a = `177/10`
a = 17.7
Also, Σxy = aΣx + bΣx2
As Σx = 0,
27 = a(0) + b(330)
∴ b = `27/330`
= 0.08
b = 0.1
Substitute values of a and b in equation (i) the equation of trend line is y = 17.7 + 0.1x
To find trend value for the year 2016, put x = 11 in the above equation.
y = 17.7 + 1.1
y = 18.8
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संबंधित प्रश्न
Obtain the trend line for the above data using 5 yearly moving averages.
Obtain the trend values for the above data using 3-yearly moving averages.
Choose the correct alternative :
We can use regression line for past data to forecast future data. We then use the line which_______.
Fill in the blank :
The method of measuring trend of time series using only averages is _______
State whether the following is True or False :
Moving average method of finding trend is very complicated and involves several calculations.
State whether the following is True or False :
Least squares method of finding trend is very simple and does not involve any calculations.
State whether the following is True or False :
All the three methods of measuring trend will always give the same results.
Solve the following problem :
Obtain trend values for the following data using 5-yearly moving averages.
Year | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 |
Production | 0 | 4 | 9 | 9 | 8 | 5 | 4 | 8 | 10 |
Solve the following problem :
Obtain trend values for data in Problem 10 using 3-yearly moving averages.
Solve the following problem :
Following table shows the all India infant mortality rates (per ‘000) for years 1980 to 2010.
Year | 1980 | 1985 | 1990 | 1995 | 2000 | 2005 | 2010 |
IMR | 10 | 7 | 5 | 4 | 3 | 1 | 0 |
Fit a trend line to the above data by graphical method.
Choose the correct alternative:
Moving averages are useful in identifying ______.
The complicated but efficient method of measuring trend of time series is ______
Use the method of least squares to fit a trend line to the data given below. Also, obtain the trend value for the year 1975.
Year | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 |
Production (million barrels) |
0 | 0 | 1 | 1 | 2 | 3 | 4 | 5 |
Year | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | |
Production (million barrels) |
6 | 8 | 9 | 9 | 8 | 7 | 10 |
The following table shows the production of gasoline in U.S.A. for the years 1962 to 1976.
Year | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 |
Production (million barrels) |
0 | 0 | 1 | 1 | 2 | 3 | 4 | 5 |
Year | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | |
Production (million barrels) |
6 | 7 | 8 | 9 | 8 | 9 | 10 |
- Obtain trend values for the above data using 5-yearly moving averages.
- Plot the original time series and trend values obtained above on the same graph.
Following table shows the all India infant mortality rates (per ‘000) for years 1980 to 2010
Year | 1980 | 1985 | 1990 | 1995 |
IMR | 10 | 7 | 5 | 4 |
Year | 2000 | 2005 | 2010 | |
IMR | 3 | 1 | 0 |
Fit a trend line by the method of least squares
Solution: Let us fit equation of trend line for above data.
Let the equation of trend line be y = a + bx .....(i)
Here n = 7(odd), middle year is `square` and h = 5
Year | IMR (y) | x | x2 | x.y |
1980 | 10 | – 3 | 9 | – 30 |
1985 | 7 | – 2 | 4 | – 14 |
1990 | 5 | – 1 | 1 | – 5 |
1995 | 4 | 0 | 0 | 0 |
2000 | 3 | 1 | 1 | 3 |
2005 | 1 | 2 | 4 | 2 |
2010 | 0 | 3 | 9 | 0 |
Total | 30 | 0 | 28 | – 44 |
The normal equations are
Σy = na + bΣx
As, Σx = 0, a = `square`
Also, Σxy = aΣx + bΣx2
As, Σx = 0, b =`square`
∴ The equation of trend line is y = `square`
Complete the table using 4 yearly moving average method.
Year | Production | 4 yearly moving total |
4 yearly centered total |
4 yearly centered moving average (trend values) |
2006 | 19 | – | – | |
`square` | ||||
2007 | 20 | – | `square` | |
72 | ||||
2008 | 17 | 142 | 17.75 | |
70 | ||||
2009 | 16 | `square` | 17 | |
`square` | ||||
2010 | 17 | 133 | `square` | |
67 | ||||
2011 | 16 | `square` | `square` | |
`square` | ||||
2012 | 18 | 140 | 17.5 | |
72 | ||||
2013 | 17 | 147 | 18.375 | |
75 | ||||
2014 | 21 | – | – | |
– | ||||
2015 | 19 | – | – |
The publisher of a magazine wants to determine the rate of increase in the number of subscribers. The following table shows the subscription information for eight consecutive years:
Years | 1976 | 1977 | 1978 | 1979 |
No. of subscribers (in millions) |
12 | 11 | 19 | 17 |
Years | 1980 | 1981 | 1982 | 1983 |
No. of subscribers (in millions) |
19 | 18 | 20 | 23 |
Fit a trend line by graphical method.
Fit a trend line to the following data by the method of least square :
Year | 1980 | 1985 | 1990 | 1995 | 2000 | 2005 | 2010 |
IMR | 10 | 7 | 5 | 4 | 3 | 1 | 0 |
Complete the following activity to fit a trend line to the following data by the method of least squares.
Year | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 |
Number of deaths | 0 | 6 | 3 | 8 | 2 | 9 | 4 | 5 | 10 |
Solution:
Here n = 9. We transform year t to u by taking u = t - 1979. We construct the following table for calculation :
Year t | Number of deaths xt | u = t - 1979 | u2 | uxt |
1975 | 0 | - 4 | 16 | 0 |
1976 | 6 | - 3 | 9 | - 18 |
1977 | 3 | - 2 | 4 | - 6 |
1978 | 8 | - 1 | 1 | - 8 |
1979 | 2 | 0 | 0 | 0 |
1980 | 9 | 1 | 1 | 9 |
1981 | 4 | 2 | 4 | 8 |
1982 | 5 | 3 | 9 | 15 |
1983 | 10 | 4 | 16 | 40 |
`sumx_t` =47 | `sumu`=0 | `sumu^2=60` | `square` |
The equation of trend line is xt= a' + b'u.
The normal equations are,
`sumx_t = na^' + b^' sumu` ...(1)
`sumux_t = a^'sumu + b^'sumu^2` ...(2)
Here, n = 9, `sumx_t = 47, sumu= 0, sumu^2 = 60`
By putting these values in normal equations, we get
47 = 9a' + b' (0) ...(3)
40 = a'(0) + b'(60) ...(4)
From equation (3), we get a' = `square`
From equation (4), we get b' = `square`
∴ the equation of trend line is xt = `square`