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प्रश्न
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.
उत्तर
i.
Year t |
Production (millions of barrels) yt | 5–yearly moving total |
5–yearly moving averages trend value |
1962 | 0 | – | – |
1963 | 0 | – | – |
1964 | 1 | 4 | 0.8 |
1965 | 1 | 7 | 1.4 |
1966 | 2 | 11 | 2.2 |
1967 | 3 | 15 | 3 |
1968 | 4 | 20 | 4 |
1969 | 5 | 25 | 5 |
1970 | 6 | 30 | 6 |
1971 | 7 | 35 | 7 |
1972 | 8 | 38 | 7.6 |
1973 | 9 | 41 | 8.2 |
1974 | 8 | 44 | 8.8 |
1975 | 9 | – | – |
1976 | 10 | – | – |
ii.
Taking year on X-axis and production trend on Y-axis, we plot the points for production corresponding to years to get the graph of time series and plot the points for trend values corresponding to years to get the graph of trend as shown in the adjoining figure. Production: 5 yearly moving Average: ---------------
APPEARS IN
संबंधित प्रश्न
Choose the correct alternative :
What is a disadvantage of the graphical method of determining a trend line?
The simplest 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.
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 |
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.
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 :
The percentage of girls’ enrollment in total enrollment for years 1960-2005 is shown in the following table.
Year | 1960 | 1965 | 1970 | 1975 | 1980 | 1985 | 1990 | 1995 | 2000 | 2005 |
Percentage | 0 | 3 | 3 | 4 | 4 | 5 | 6 | 8 | 8 | 10 |
Fit a trend line to the above data by graphical method.
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Solve the following problem :
Following tables shows the wheat yield (‘000 tonnes) in India for years 1959 to 1968.
Year | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 |
Yield | 0 | 1 | 2 | 3 | 1 | 0 | 4 | 1 | 2 | 10 |
Fit a trend line to the above data by the method of least squares.
The complicated but efficient method of measuring trend of time series is ______
The simplest method of measuring trend of time series is ______
State whether the following statement is True or False:
The secular trend component of time series represents irregular variations
State whether the following statement is True or False:
Moving average method of finding trend is very complicated and involves several calculations
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
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.
Obtain trend values for data, using 3-yearly moving averages
Solution:
Year | IMR | 3 yearly moving total |
3-yearly moving average (trend value) |
1980 | 10 | – | – |
1985 | 7 | `square` | 7.33 |
1990 | 5 | 16 | `square` |
1995 | 4 | 12 | 4 |
2000 | 3 | 8 | `square` |
2005 | 1 | `square` | 1.33 |
2010 | 0 | – | – |
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 following table shows gross capital information (in Crore ₹) for years 1966 to 1975:
Years | 1966 | 1967 | 1968 | 1969 | 1970 |
Gross Capital information | 20 | 25 | 25 | 30 | 35 |
Years | 1971 | 1972 | 1973 | 1974 | 1975 |
Gross Capital information | 30 | 45 | 40 | 55 | 65 |
Obtain trend values using 5-yearly moving values.
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`