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प्रश्न
State whether the following is True or False :
Moving average method of finding trend is very complicated and involves several calculations.
पर्याय
True
False
उत्तर
Moving average method of finding trend is very complicated and involves several calculations False.
APPEARS IN
संबंधित प्रश्न
Obtain the trend line for the above data using 5 yearly moving averages.
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.
Fit a trend line to the data in Problem 7 by the method of least squares. Also, obtain the trend value for the year 1990.
Obtain the trend values for the above data using 3-yearly moving averages.
Fill in the blank :
The complicated but efficient method of measuring trend of time series is _______.
State whether the following is True or False :
Graphical method of finding trend is very complicated and involves several calculations.
State whether the following is True or False :
Least squares method of finding trend is very simple and does not involve any calculations.
Solve the following problem :
Fit a trend line to data in Problem 4 by the method of least squares.
Solve the following problem :
Obtain trend values for the data in Problem 7 using 4-yearly moving averages.
Solve the following problem :
Following data shows the number of boxes of cereal sold in years 1977 to 1984.
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 |
No. of boxes in ten thousand | 1 | 0 | 3 | 8 | 10 | 4 | 5 | 8 |
Fit a trend line to the above data by graphical method.
Solve the following problem :
Obtain trend values for data in Problem 10 using 3-yearly moving averages.
The method of measuring trend of time series using only averages is ______
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
Obtain the trend values for the data, using 3-yearly moving averages
Year | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 |
Production | 0 | 4 | 4 | 2 | 6 | 8 |
Year | 1982 | 1983 | 1984 | 1985 | 1986 | |
Production | 5 | 9 | 4 | 10 | 10 |
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.
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 |
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`