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The sales of a commodity in tones varied from January 2010 to December 2010 as follows: In Year 2010 Sales (in tones) Jan 280 Feb 240 Mar 270 Apr 300 May 280 Jun 290 Jul 210 Aug 200 Sep - Business Mathematics and Statistics

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प्रश्न

The sales of a commodity in tones varied from January 2010 to December 2010 as follows:

In Year 2010 Sales (in tones)
Jan 280
Feb 240
Mar 270
Apr 300
May 280
Jun 290
Jul 210
Aug 200
Sep 230
Oct 200
Nov 230
Dec 210

Fit a trend line by the method of semi-average

सारिणी
आलेख

उत्तर

Since the number of months is even (12), we can equally divide the given data into two equal parts and obtain the averages of the first six months and last six months

In Year
2010
Sales
(in tones)
Average
Jan 280 `(280 + 240 + 270 + 300 + 280 + 290)/6` = 276.667
Feb 240
Mar 270
Apr 300
May 280
Jun 290
Jul 210 `(210 + 200 + 230 + 200 + 230 + 210)/6` = 213.33
Aug 200
Sep 230
Oct 200
Nov 230
Dec 210

Thus we obtain semi-average I = 276.667 and semi-average II = 213.333

To fit a trend line we plot each value at the mid-point (month) of each half.

i.e we plot 276.667 in the middle of March and April

we plot 213.333 in the middle of September and October.

We join the two points by a straight line.

This is the required line.

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Time Series Analysis
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Applied Statistics - Exercise 9.1 [पृष्ठ २१०]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 9 Applied Statistics
Exercise 9.1 | Q 19 | पृष्ठ २१०

संबंधित प्रश्न

Define Time series


Define secular trend


Explain the method of fitting a straight line


The following figures relates to the profits of a commercial concern for 8 years

Year Profit (₹)
1986 15,420
1987 15,470
1988 15,520
1989 21,020
1990 26,500
1991 31,950
1992 35,600
1993 34,900

Find the trend of profits by the method of three yearly moving averages


Use the method of monthly averages to find the monthly indices for the following data of production of a commodity for the years 2002, 2003 and 2004

2002 2003 2004
15 20 18
18 18 25
17 16 21
19 13 11
16 12 14
20 15 16
21 22 19
18 16 20
17 18 1
15 20 16
14 17 18
18 15 20

Choose the correct alternative:

The component of a time series attached to long term variation is trended as


Using three yearly moving averages, Determine the trend values from the following data.

Year Profit Year Profit
2001 142 2007 241
2002 148 2008 263
2003 154 2009 280
2004 146 2010 302
2005 157 2011 326
2006 202 2012 353

From the following data, calculate the trend values using fourly moving averages.

Year 1990 1991 1992 1993 1994 1995 1996 1997 1998
Sales 506 620 1036 673 588 696 1116 738 663

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

Year 1980 1981 1982 1983 1984 1985 1986 1987
Sales 50.3 52.7 49.3 57.3 56.8 60.7 62.1 58.7

Let An be the sum of the first n terms of the geometric series `704 + 704/2 + 704/4 + 704/8 + ...` and Bn be the sum of the first n terms of the geometric series `1984 - 1984/2 + 1984/4 + 1984/8 + ...` If An = Bn, then the value ofn is (where n ∈ N).


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