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State whether the following is True or False : Graphical method of finding trend is very complicated and involves several calculations.

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प्रश्न

State whether the following is True or False :

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

विकल्प

  • True

  • False

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उत्तर

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

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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 ६९]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
अध्याय 4 Time Series
Miscellaneous Exercise 4 | Q 3.07 | पृष्ठ ६९

संबंधित प्रश्न

Obtain the trend line for the above data using 5 yearly moving averages.


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

Choose the correct alternative :

Which of the following is a major problem for forecasting, especially when using the method of least squares?


Choose the correct alternative :

What is a disadvantage of the graphical method of determining a trend line?


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 :

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.


Fit a trend line to the following data by the method of least squares.

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

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 :

Following table shows the amount of sugar production (in lac tonnes) for the years 1971 to 1982.

Year 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982
Production 1 0 1 2 3 2 3 6 5 1 4 10

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


Solve the following problem :

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


Solve the following problem :

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


Solve the following problem :

Fit a trend line to data in Problem 13 by the method of least squares.


Solve the following problem :

Following table shows the all India infant mortality rates (per ‘000) for years 1980 to 2010.

Year 1980 1985 1990 1995 2000 2005 2010
IMR 10 7 5 4 3 1 0

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


Solve the following problem :

Fit a trend line to data in Problem 16 by the method of least squares.


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.


The simplest method of measuring trend of time series is ______


The method of measuring trend of time series using only averages is ______


State whether the following statement is True or False: 

Moving average method of finding trend is very complicated and involves several calculations


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

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`


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  

Fit a trend line to the following data by the method of least square :

Year 1980 1985 1990 1995 2000 2005 2010
IMR 10 7 5 4 3 1 0

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`


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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