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Choose the correct alternative: Least square method of fitting a trend is - Business Mathematics and Statistics

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प्रश्न

Choose the correct alternative:

Least square method of fitting a trend is

पर्याय

  • Most exact

  • Least exact

  • Full of subjectivity

  • Mathematically unsolved

MCQ

उत्तर

Most exact

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Time Series Analysis
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Applied Statistics - Exercise 9.4 [पृष्ठ २२९]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
पाठ 9 Applied Statistics
Exercise 9.4 | Q 6 | पृष्ठ २२९

संबंधित प्रश्‍न

Write a brief note on seasonal variations


Discuss about irregular variation


Define seasonal index


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


The following table gives the number of small-scale units registered with the Directorate of Industries between 1985 and 1991. Show the growth on a trend line by the free hand method.

Year No. of units (in '000)
195 10
986 22
1987 36
198 62
1989 55
1990 0
1991 34
1992 50

The annual production of a commodity is given as follows:

Year production (in tones)
1995 155
1996 162
1997 171
19988 182
1999 158
2000 880
2001 178

Fit a straight line trend by the method of least squares


Determine the equation of a straight line which best fits the following data 

Year 2000 2001 2002 2003 2004
Sales (₹ '000) 35 36 79 80 40

Compute the trend values for all years from 2000 to 2004


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


Calculate the seasonal indices from the following data using the average method:

Year I Quarter II Quarter III Quarter IV Quarter
2008 72 68 62 76
2009 78 74 78 72
2010 74 70 72 76
2011 76 74 74 72
2012 72 72 76 68

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

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