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प्रश्न
Obtain trend values for data in Problem 19 using 3-yearly moving averages.
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उत्तर
Construct the following table for finding 3-yearly moving averages:
| Year t |
Yield (in '000 tonnes) yt |
3–yearly moving total | 3–yearly moving averages trend value |
| 1959 | 0 | – | – |
| 1960 | 1 | 3 | 1 |
| 1961 | 2 | 6 | 2 |
| 1962 | 3 | 6 | 2 |
| 1963 | 1 | 4 | 1.3333 |
| 1964 | 0 | 5 | 1.6667 |
| 1965 | 4 | 5 | 1.6667 |
| 1966 | 1 | 7 | 2.3333 |
| 1967 | 2 | 13 | 4.3333 |
| 1968 | 10 | – | – |
Notes
Answers given in the textbook for trend values are 1.4, 1.4, 2, 1.8, 1.6, 3.4. However, as per our calculation they are 1, 2, 2, 1.3333, 1.6667, 1.6667, 2.3333, 4.3333.
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| Year | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 |
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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 |
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| Production (million barrels) |
6 | 8 | 9 | 9 | 8 | 7 | 10 |
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Let the equation of trend line be y = a + bx .....(i)
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| 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
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Also, Σxy = aΣx + bΣx2
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∴ The equation of trend line is y = `square`
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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 | – | – |
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| 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 | – | – |
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| Production xi |
10 | 15 | 20 | 25 | 30 |
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35 | 40 | 45 | 50 | 55 |
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| Years | 1966 | 1967 | 1968 | 1969 | 1970 |
| Gross Capital information | 20 | 25 | 25 | 30 | 35 |
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| Gross Capital information | 30 | 45 | 40 | 55 | 65 |
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| 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 |
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