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प्रश्न
Solve the following problem :
Fit a trend line to data in Problem 4 by the method of least squares.
उत्तर
In the given problem, n = 12 (odd), middle t – value is 1976, h = 1
u = `"t - middle value"/("h"/2) = ("t" - 1976.5)/(1/2)` = 2(t – 1976.5)
We obtain the following table.
Year t |
Production yt |
u = 2(t – 1976.5) | u2 | uyt | Trend Value |
1971 | 1 | –11 | 121 | –11 | 0.0900 |
1972 | 0 | –9 | 81 | 0 | 0.6494 |
1973 | 1 | –7 | 49 | –7 | 1.2088 |
1974 | 2 | –5 | 25 | –10 | 1.7682 |
1975 | 3 | – | 9 | –9 | 2.3276 |
1976 | 2 | –1 | 1 | –2 | 2.8870 |
1977 | 3 | 1 | 1 | 3 | 3.4464 |
1978 | 6 | 3 | 9 | 18 | 4.0058 |
1979 | 5 | 5 | 25 | 25 | 4.5652 |
1980 | 1 | 7 | 49 | 7 | 5.1246 |
1981 | 4 | 9 | 81 | 36 | 5.6840 |
1982 | 10 | 11 | 121 | 110 | 6.243 |
Total | 38 | 0 | 572 | 160 |
From the table, n = 12, `sumy_"t" = 38, sumu = 0, sumu^2 = 572,sumuy_"t" = 160`
The two normal equations are: `sumy_"t" = "na"' + "b"' sumu "and" sumuy_"t", = a'sumu + b'sumu^2`
∴ 38 = 12a' + b'(0) ...(i) and
160 = a'(0) + b'(572) ...(ii)
From (i), a' = `(38)/(12)` = 3.1667
From (ii), b' = `(160)/(572)` = 0.2797
∴ The equation of the trend line is yt = a' + b'u
i.e., yt = 3.1667 + 0.2797 u, where u = 2(t – 1976.5).
APPEARS IN
संबंधित प्रश्न
Obtain the trend line for the above data using 5 yearly moving averages.
Obtain the trend values for the data in using 4-yearly centered moving averages.
Year | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 |
Index | 0 | 2 | 3 | 3 | 2 | 4 | 5 | 6 | 7 | 10 |
Fit a trend line to the data in Problem 7 by the method of least squares. Also, obtain the trend value for the year 1990.
Fill in the blank :
The complicated but efficient method of measuring trend of time series is _______.
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 :
Following table shows the amount of sugar production (in lac tonnes) for the years 1971 to 1982.
Year | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 |
Production | 1 | 0 | 1 | 2 | 3 | 2 | 3 | 6 | 5 | 1 | 4 | 10 |
Fit a trend line to the above data by graphical method.
Solve the following problem :
Fit a trend line to data by the method of least squares.
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 |
Number of boxes (in ten thousands) | 1 | 0 | 3 | 8 | 10 | 4 | 5 | 8 |
Solve the following problem :
Fit a trend line to data in Problem 13 by the method of least squares.
Solve the following problem :
Obtain trend values for data in Problem 13 using 4-yearly moving averages.
Choose the correct alternative:
Moving averages are useful in identifying ______.
The complicated but efficient method of measuring trend of time series is ______
The method of measuring trend of time series using only averages is ______
The following table gives the production of steel (in millions of tons) for years 1976 to 1986.
Year | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 |
Production | 0 | 4 | 4 | 2 | 6 | 8 | 5 | 9 | 4 | 10 | 10 |
Obtain the trend value for the year 1990
Obtain the trend values for the data, using 3-yearly moving averages
Year | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 |
Production | 0 | 4 | 4 | 2 | 6 | 8 |
Year | 1982 | 1983 | 1984 | 1985 | 1986 | |
Production | 5 | 9 | 4 | 10 | 10 |
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`
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`
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.
Following table gives the number of road accidents (in thousands) due to overspeeding in Maharashtra for 9 years. Complete the following activity to find the trend by the method of least squares.
Year | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
Number of accidents | 39 | 18 | 21 | 28 | 27 | 27 | 23 | 25 | 22 |
Solution:
We take origin to 18, we get, the number of accidents as follows:
Year | Number of accidents xt | t | u = t - 5 | u2 | u.xt |
2008 | 21 | 1 | -4 | 16 | -84 |
2009 | 0 | 2 | -3 | 9 | 0 |
2010 | 3 | 3 | -2 | 4 | -6 |
2011 | 10 | 4 | -1 | 1 | -10 |
2012 | 9 | 5 | 0 | 0 | 0 |
2013 | 9 | 6 | 1 | 1 | 9 |
2014 | 5 | 7 | 2 | 4 | 10 |
2015 | 7 | 8 | 3 | 9 | 21 |
2016 | 4 | 9 | 4 | 16 | 16 |
`sumx_t=68` | - | `sumu=0` | `sumu^2=60` | `square` |
The equation of trend 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=68,sumu=0,sumu^2=60,sumux_t=-44`
Putting these values in normal equations, we get
68 = 9a' + b'(0) ...(3)
∴ a' = `square`
-44 = a'(0) + b'(60) ...(4)
∴ b' = `square`
The equation of trend line is given by
xt = `square`