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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

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

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प्रश्न

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

बेरीज

उत्तर

Construct the following table for finding 3-yearly moving averages:

Year
t
Yield
(in '000 tonnes)
yt
3–yearly moving total 3–yearly moving averages
trend value
1959 0
1960 1 3 1
1961 2 6 2
1962 3 6 2
1963 1 4 1.3333
1964 0 5 1.6667
1965 4 5 1.6667
1966 1 7 2.3333
1967 2 13 4.3333
1968 10
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Notes

Answers given in the textbook for trend values are 1.4, 1.4, 2, 1.8, 1.6, 3.4. However, as per our calculation they are 1, 2, 2, 1.3333, 1.6667, 1.6667, 2.3333, 4.3333.

Measurement of Secular Trend
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 4: Time Series - Miscellaneous Exercise 4 [पृष्ठ ७०]

APPEARS IN

बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
पाठ 4 Time Series
Miscellaneous Exercise 4 | Q 4.20 | 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_______.


Fill in the blank :

The method of measuring trend of time series using only averages 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 :

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.


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 :

Obtain trend values for the data in Problem 7 using 4-yearly moving averages.


Solve the following problem :

Obtain trend values for data in Problem 16 using 3-yearly moving averages.


Choose the correct alternative:

Moving averages are useful in identifying ______.


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


Use the method of least squares to fit a trend line to the data given below. Also, obtain the trend value for the year 1975.

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 8 9 9 8 7 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`


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

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  

Obtain the trend values for the following data using 5 yearly moving averages:

Year 2000 2001 2002 2003 2004
Production
xi
10 15 20 25 30
Year 2005 2006 2007 2008 2009
Production
xi
35 40 45 50 55

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:


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