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प्रश्न
State the uses of time series
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उत्तर
1. It helps in the analysis of the past behavior.
2. It helps in forecasting and for future plans.
3. It helps in the evaluation of current achievements.
4. It helps in making comparative studies between one time period and others.
Therefore time series helps us to study and analyze the time-related data which involves in business fields, economics, industries, etc.
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संबंधित प्रश्न
State the different methods of measuring trend
The annual production of a commodity is given as follows:
| Year | production (in tones) |
| 1995 | 155 |
| 1996 | 162 |
| 1997 | 171 |
| 19988 | 182 |
| 1999 | 158 |
| 2000 | 880 |
| 2001 | 178 |
Fit a straight line trend by the method of least squares
Determine the equation of a straight line which best fits the following data
| Year | 2000 | 2001 | 2002 | 2003 | 2004 |
| Sales (₹ '000) | 35 | 36 | 79 | 80 | 40 |
Compute the trend values for all years from 2000 to 2004
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A time series is a set of data recorded
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Factors responsible for seasonal variations are
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Least square method of fitting a trend is
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The value of ‘b’ in the trend line y = a + bx is
Using three yearly moving averages, Determine the trend values from the following data.
| Year | Profit | Year | Profit |
| 2001 | 142 | 2007 | 241 |
| 2002 | 148 | 2008 | 263 |
| 2003 | 154 | 2009 | 280 |
| 2004 | 146 | 2010 | 302 |
| 2005 | 157 | 2011 | 326 |
| 2006 | 202 | 2012 | 353 |
Let An be the sum of the first n terms of the geometric series `704 + 704/2 + 704/4 + 704/8 + ...` and Bn be the sum of the first n terms of the geometric series `1984 - 1984/2 + 1984/4 + 1984/8 + ...` If An = Bn, then the value ofn is (where n ∈ N).
Sum of the first n terms of the series `1/2 + 3/4 + 7/8 + 15/16 +`......... is equal to:
