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Solve the following problem : Obtain trend values for data in Problem 10 using 3-yearly moving averages. - Mathematics and Statistics

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प्रश्न

Solve the following problem :

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

योग
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उत्तर

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

Year
t

Production
(in ten thousands) yt
3–moving total 3–yearly moving averages ten value
1997 1
1978 0 4 1.3333
1979 3 11 3.6667
1980 8 21 7
1981 10 22 7.3333
1982 4 19 6.3333
1983 5 17 5.6667
1984 8
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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 4.12 | पृष्ठ ७०

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

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


Choose the correct alternative :

We can use regression line for past data to forecast future data. We then use the line which_______.


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 _______


State whether the following is True or False :

Graphical method of finding trend is very complicated and involves several calculations.


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 :

Fit a trend line to the data in Problem 7 by the method of least squares.


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 :

Obtain trend values for data in Problem 13 using 4-yearly moving averages.


The complicated but efficient method of measuring trend of time series 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


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


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  

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  

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`


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.


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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