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प्रश्न
State whether the following statement is True or False:
Least squares method of finding trend is very simple and does not involve any calculations
पर्याय
True
False
उत्तर
False
APPEARS IN
संबंधित प्रश्न
Obtain the trend values for the above data using 3-yearly moving averages.
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 :
Fit a trend line to data in Problem 4 by the method of least squares.
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 :
Fit a trend line to the data in Problem 7 by the method of least squares.
Solve the following problem :
Fit a trend line to data in Problem 13 by the method of least squares.
Solve the following problem :
Fit a trend line to data in Problem 16 by the method of least squares.
Solve the following problem :
Obtain trend values for data in Problem 16 using 3-yearly moving averages.
Obtain trend values for data in Problem 19 using 3-yearly moving averages.
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 ______
The method of measuring trend of time series using only averages is ______
State whether the following statement is True or False:
Moving average method of finding trend is very complicated and involves several calculations
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 | – | – |
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`
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 | – | – |
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:
The complicated but efficient method of measuring trend of time series is ______.