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प्रश्न
Define secular trend
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उत्तर
It is a general tendency of time series to increase or decrease or stagnates during a long period of time, an upward tendency is usually observed in population of a country, production, sales, prices in industries, income or individuals etc.
A downward tendency is observed in deaths, epidemics, prices of electronic gadgets, water sources, mortality rate etc.
It is not necessarily that the increase or decrease should be in the same direction throughout the given period of time.
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संबंधित प्रश्न
Define Time series
What is the need for studying time series?
State the uses of time series
Mention the components of the time series
Define seasonal index
The following table gives the number of small-scale units registered with the Directorate of Industries between 1985 and 1991. Show the growth on a trend line by the free hand method.
| Year | No. of units (in '000) |
| 195 | 10 |
| 986 | 22 |
| 1987 | 36 |
| 198 | 62 |
| 1989 | 55 |
| 1990 | 0 |
| 1991 | 34 |
| 1992 | 50 |
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:
Factors responsible for seasonal variations are
Sum of n terms of series 1.3 + 3.5 + 5.7 + ______ is
The sum of the series 3.6 + 4.7 + 5.8 + ....... upto (n – 2) terms
