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Solve the following problem : Following tables shows the wheat yield (‘000 tonnes) in India for years 1959 to 1968.Fit a trend line to the above data by the method of least squares. - Mathematics and Statistics

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प्रश्न

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.

योग
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उत्तर

In the given problem, n = 10 (even), two middle t – value are 1963 and 1964, h = 1

u = `"t - mean of two middle values"/("h"/2) = ("t" - 1963.5)/(1/2)` = 2(t – 1963.5)

We obtain the following table.

Year
t
Yield
(in '000 tonnes) 

yt
u = 2(t – 1963.5) u2 uyt Trend Value
1959 0 –9 81 0 –0.1632
1960 1 –7 49 –7 0.4064
1961 2 –5 25 –10 0.9760
196 3 –3 9 –9 1.5456
1963 1 –1 1 –1 2.1152
1964 0 1 1 0 2.6848
1965 4 3 9 12 3.2544
1966 1 5 25 5 3.8240
1967 2 7 49 14 4.3936
1968 10 9 81 90 4.9632
Total 24 0 330 94  

From the table, n = 10, `sumy_"t" = 24, sumu = 0, sumu^2 = 330,sumuy_"t" = 94`

The two normal equations are: `sumy_"t" = "na"' + "b"' sumu  "and" sumuy_"t", = a'sumu + b'sumu^2`

∴ 24 = 10a' + b'(0)               ...(i)   and
94 = a'(0) + b'(330)              ...(ii)

From (i), a' = `(24)/(10)` = 2.4

From (ii), b' = `(94)/(330)` = 0.2848
∴  The equation of the trend line is yt = a' + b'u
i.e., yt = 2.4 + 0.2848 u, where u = 2(t – 1963.5).

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Measurement of Secular Trend
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Time Series - Miscellaneous Exercise 4 [पृष्ठ ७०]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
अध्याय 4 Time Series
Miscellaneous Exercise 4 | Q 4.19 | पृष्ठ ७०

संबंधित प्रश्न

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 above data using 3-yearly moving averages.


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 :

Moving average 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.


State whether the following is True or False :

All the three methods of measuring trend will always give the same results.


Solve the following problem :

The following table shows the production of pig-iron and ferro- alloys (‘000 metric tonnes)

Year 1974 1975 1976 1977 1978 1979 1980 1981 1982
Production 0 4 9 9 8 5 4 8 10

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


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 :

Obtain trend values for the data in Problem 7 using 4-yearly moving averages.


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 :

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 13 using 4-yearly moving averages.


Obtain trend values for data, using 4-yearly centred moving averages

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

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

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  

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

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


The following table shows gross capital information (in Crore ₹) for years 1966 to 1975:

Years 1966 1967 1968 1969 1970
Gross Capital information 20 25 25 30 35
Years 1971 1972 1973 1974 1975
Gross Capital information 30 45 40 55 65

Obtain trend values using 5-yearly moving values.


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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