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Solve the following problem : Obtain trend values for data in Problem 10 using 3-yearly moving averages. - Mathematics and Statistics

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प्रश्न

Solve the following problem :

Obtain trend values for data in Problem 10 using 3-yearly moving averages.

योग

उत्तर

Construct the following table for finding obtaining 3-yearly moving averages.

Year
t

Production
(in ten thousands) yt
3–moving total 3–yearly moving averages ten value
1997 1
1978 0 4 1.3333
1979 3 11 3.6667
1980 8 21 7
1981 10 22 7.3333
1982 4 19 6.3333
1983 5 17 5.6667
1984 8
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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 ७०]

APPEARS IN

बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 4 Time Series
Miscellaneous Exercise 4 | Q 4.12 | पृष्ठ ७०

संबंधित प्रश्न

Fit a trend line to the data in Problem 4 above by the method of least squares. Also, obtain the trend value for the index of industrial production for the year 1987.


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 1970 1971 1972 1973 1974 1975 1976
Production
(Million Barrels)
0 0 1 1 2 3 4 5 6 7 8 9 8 9 10

i. Obtain trend values for the above data using 5-yearly moving averages.
ii. Plot the original time series and trend values obtained above on the same graph.


Choose the correct alternative :

We can use regression line for past data to forecast future data. We then use the line which_______.


Choose the correct alternative :

Which of the following is a major problem for forecasting, especially when using the method of least squares?


Choose the correct alternative :

What is a disadvantage of the graphical method of determining a trend line?


State whether the following is True or False :

Moving average method of finding trend is very complicated and involves several calculations.


Fit a trend line to the following data by the method of least squares.

Year 1974 1975 1976 1977 1978 1979 1980 1981 1982
Production 0 4 9 9 8 5 4 8 10

Obtain trend values for the following data using 4-yearly centered moving averages.

Year 1971 1972 1973 1974 1975 1976
Production 1 0 1 2 3 2
Year 1977 1978 1979 1980 1981 1982
Production 3 6 5 1 4 10

Solve the following problem :

Fit a trend line to the data in Problem 7 by the method of least squares.


Solve the following problem :

Obtain trend values for data in Problem 13 using 4-yearly moving averages.


Obtain trend values for data in Problem 19 using 3-yearly moving averages.


Choose the correct alternative:

Moving averages are useful in identifying ______.


The simplest method of measuring trend of time series is ______


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  

Following table shows the amount of sugar production (in lakh tonnes) for the years 1931 to 1941:

Year Production Year Production
1931 1 1937 8
1932 0 1938 6
1933 1 1939 5
1934 2 1940 1
1935 3 1941 4
1936 2    

Complete the following activity to fit a trend line by method of least squares:


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

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