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प्रश्न
Define Time series
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उत्तर
A Time-Series consists of data arranged chronologically – Croxton and Cowden
When quantitative data are arranged in the order of their occurrence, the resulting series is called the Time Series – Wessel and Wallet.
A time series consists of a set of observations arranged in chronological order (either ascending or descending).
Times Series has an important objective to identify the variations and try to eliminate the variations and also helps us to estimate or predict the future values.
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संबंधित प्रश्न
State the two normal equations used in fitting a straight line
State the different methods of measuring trend
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
The sales of a commodity in tones varied from January 2010 to December 2010 as follows:
| In Year 2010 | Sales (in tones) |
| Jan | 280 |
| Feb | 240 |
| Mar | 270 |
| Apr | 300 |
| May | 280 |
| Jun | 290 |
| Jul | 210 |
| Aug | 200 |
| Sep | 230 |
| Oct | 200 |
| Nov | 230 |
| Dec | 210 |
Fit a trend line by the method of semi-average
Choose the correct alternative:
A time series is a set of data recorded
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The components of a time series which is attached to short term fluctuation is
Choose the correct alternative:
Factors responsible for seasonal variations are
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 component of a time series attached to long term variation is trended as
The sum of the series 3.6 + 4.7 + 5.8 + ....... upto (n – 2) terms
