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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 16 201 - Mathematics and Statistics

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प्रश्न

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`

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योग
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उत्तर

Let the equation of trend line be y = a + bx   .....(i)

Here n = 10 (even), two middle years are 2010 and 2011, and h = 2 

The normal equations are Σy = na + bΣx

As Σx = 0,

∴ 177 = 10a + b(0)

∴ a = `177/10`

a = 17.7 

Also, Σxy = aΣx + bΣx2

As Σx = 0, 

27 = a(0) + b(330)

∴ b = `27/330`

= 0.08

b = 0.1

Substitute values of a and b in equation (i) the equation of trend line is y = 17.7 + 0.1x

To find trend value for the year 2016, put x = 11 in the above equation.

y = 17.7 + 1.1

y = 18.8

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Measurement of Secular Trend
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2.4: Time Series - Q.5

संबंधित प्रश्न

Obtain the trend line for the above data using 5 yearly moving averages.


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

Year 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985
Index 0 2 3 3 2 4 5 6 7 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 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_______.


Choose the correct alternative :

What is a disadvantage of the graphical method of determining a trend line?


The simplest method of measuring trend of time series is ______.


Fill in the blank :

The complicated but efficient method of measuring trend of time series is _______.


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 :

Fit a trend line to data by the method of least squares.

Year 1977 1978 1979 1980 1981 1982 1983 1984
Number of boxes (in ten thousands) 1 0 3 8 10 4 5 8

Solve the following problem :

Following table shows the number of traffic fatalities (in a state) resulting from drunken driving for years 1975 to 1983.

Year 1975 1976 1977 1978 1979 1980 1981 1982 1983
No. of deaths 0 6 3 8 2 9 4 5 10

Fit a trend line to the above data by graphical method.


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.


Choose the correct alternative:

Moving averages are useful in identifying ______.


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:

The secular trend component of time series represents irregular variations


Following table shows the amount of sugar production (in lac tons) for the years 1971 to 1982

Year 1971 1972 1973 1974 1975 1976
Production 1 0 1 2 3 2
Year 1977 1978 1979 1980 1981 1982
Production 4 6 5 1 4 10

Fit a trend line by the method of least squares


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


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  
  1. Obtain trend values for the above data using 5-yearly moving averages.
  2. Plot the original time series and trend values obtained above on the same graph.

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 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:


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`


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