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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
Define Time series
Mention the components of the time series
Write a brief note on seasonal variations
The following figures relates to the profits of a commercial concern for 8 years
| Year | Profit (₹) |
| 1986 | 15,420 |
| 1987 | 15,470 |
| 1988 | 15,520 |
| 1989 | 21,020 |
| 1990 | 26,500 |
| 1991 | 31,950 |
| 1992 | 35,600 |
| 1993 | 34,900 |
Find the trend of profits by the method of three yearly moving averages
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
Choose the correct alternative:
The additive model of the time series with the components T, S, C and I is
Choose the correct alternative:
The value of ‘b’ in the trend line y = a + bx is
Sum of n terms of series 1.3 + 3.5 + 5.7 + ______ is
Sum of the first n terms of the series `1/2 + 3/4 + 7/8 + 15/16 +`......... is equal to:
The sum of the series 3.6 + 4.7 + 5.8 + ....... upto (n – 2) terms
