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State whether the following statement is True or False: Least squares method of finding trend is very simple and does not involve any calculations

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प्रश्न

State whether the following statement is True or False:

Least squares method of finding trend is very simple and does not involve any calculations

विकल्प

  • True

  • False

MCQ
योग
सत्य या असत्य
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उत्तर

False

shaalaa.com
Measurement of Secular Trend
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2.4: Time Series - Q.3

संबंधित प्रश्न

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 :

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


The simplest method of measuring trend of time series is ______.


State whether the following is True or False :

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


State whether the following is True or False :

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


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 :

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 :

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


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 :

Obtain trend values for data in Problem 16 using 3-yearly moving averages.


Obtain trend values for data in Problem 19 using 3-yearly moving averages.


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


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:

The secular trend component of time series represents irregular variations


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  

The following table shows the production of gasoline in U.S.A. for the years 1962 to 1976.

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 7 8 9 8 9 10  
  1. Obtain trend values for the above data using 5-yearly moving averages.
  2. Plot the original time series and trend values obtained above on the same graph.

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.


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