Advertisements
Advertisements
Question
Discuss about irregular variation
Solution
Irregular Variations: These variations do not have a particular pattern and there is no regular period of time of their occurrences.
These are accidental changes that are purely random or unpredictable.
Normally they are short-term variations, but their occurrence sometimes has its effect so intense that they may give rise to new cyclic or other movements of variations.
For example floods, wars, earthquakes, Tsunami, strikes, lockouts, etc
APPEARS IN
RELATED QUESTIONS
State the uses of time series
Explain the method of fitting a straight line
State the two normal equations used in fitting a straight line
The following table shows the number of salesmen working for a certain concern:
| Year | 1992 | 1993 | 1994 | 1995 | 1996 |
| No. of salesman |
46 | 48 | 42 | 56 | 52 |
Use the method of least squares to fit a straight line and estimate the number of salesmen in 1997
Choose the correct alternative:
A time series is a set of data recorded
Choose the correct alternative:
The additive model of the time series with the components T, S, C and I is
Choose the correct alternative:
Least square method of fitting a trend is
Choose the correct alternative:
The value of ‘b’ in the trend line y = a + bx is
Choose the correct alternative:
The component of a time series attached to long term variation is trended as
Choose the correct alternative:
The seasonal variation means the variations occurring with in
