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Obtain the trend values for the above data using 3-yearly moving averages

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प्रश्न

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  
योग
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उत्तर

Construct the following table for obtaining 3-yearly moving averages for the data.

Year 

t

Production

yt

3-yearly

moving total

 

3-yearly moving
averages trend value

1976 0 – –
1977 4 8 2.6667
198 4 10 3.3333
1979 2 12 4
1980 6 16 5.3333
1981 8 19 6.3333
1982 5 22 7.3333
1983 9 18 6
1984 4 23 7.6667
1985 10 24 8
1986 10 – –
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Measurement of Secular Trend
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2.4: Time Series - Q.4

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.


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

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 method of measuring trend of time series using only averages is _______


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 :

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.


Solve the following problem :

Obtain trend values for data in Problem 10 using 3-yearly moving averages.


Solve the following problem :

Fit a trend line to data in Problem 13 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.


Choose the correct alternative:

Moving averages are useful in identifying ______.


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


State whether the following statement is True or False:

Least squares method of finding trend is very simple and does not involve any calculations


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


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  

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:


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


The publisher of a magazine wants to determine the rate of increase in the number of subscribers. The following table shows the subscription information for eight consecutive years:

Years 1976 1977 1978 1979
No. of subscribers
(in millions)
12 11 19 17
Years 1980 1981 1982 1983
No. of subscribers
(in millions)
19 18 20 23

Fit a trend line by graphical method.


Following table gives the number of road accidents (in thousands) due to overspeeding in Maharashtra for 9 years. Complete the following activity to find the trend by the method of least squares.

Year 2008 2009 2010 2011 2012 2013 2014 2015 2016
Number of accidents 39 18 21 28 27 27 23 25 22

Solution:

We take origin to 18, we get, the number of accidents as follows:

Year Number of accidents xt t u = t - 5 u2 u.xt
2008 21 1 -4 16 -84
2009 0 2 -3 9 0
2010 3 3 -2 4 -6
2011 10 4 -1 1 -10
2012 9 5 0 0 0
2013 9 6 1 1 9
2014 5 7 2 4 10
2015 7 8 3 9 21
2016 4 9 4 16 16
  `sumx_t=68` - `sumu=0` `sumu^2=60` `square`

The equation of trend 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=68,sumu=0,sumu^2=60,sumux_t=-44`

Putting these values in normal equations, we get

68 = 9a' + b'(0)     ...(3)

∴ a' = `square`

-44 = a'(0) + b'(60)          ...(4)

∴ b' = `square`

The equation of trend line is given by

xt = `square`


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