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Solve the following problem : Fit a trend line to data in Problem 4 by the method of least squares. - Mathematics and Statistics

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प्रश्न

Solve the following problem :

Fit a trend line to data in Problem 4 by the method of least squares.

योग

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).

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Measurement of Secular Trend
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Time Series - Miscellaneous Exercise 4 [पृष्ठ ६९]

APPEARS IN

बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 4 Time Series
Miscellaneous Exercise 4 | Q 4.05 | पृष्ठ ६९

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`


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