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State the uses of time series - Business Mathematics and Statistics

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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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Time Series Analysis
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Applied Statistics - Exercise 9.1 [पृष्ठ २०९]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
पाठ 9 Applied Statistics
Exercise 9.1 | Q 3 | पृष्ठ २०९

संबंधित प्रश्‍न

Write a brief note on seasonal variations


State the two normal equations used in fitting a straight line


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

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


Use the method of monthly averages to find the monthly indices for the following data of production of a commodity for the years 2002, 2003 and 2004

2002 2003 2004
15 20 18
18 18 25
17 16 21
19 13 11
16 12 14
20 15 16
21 22 19
18 16 20
17 18 1
15 20 16
14 17 18
18 15 20

Choose the correct alternative:

A time series consists of


Choose the correct alternative:

The components of a time series which is attached to short term fluctuation is


Choose the correct alternative:

Factors responsible for seasonal variations are


From the following data, calculate the trend values using fourly moving averages.

Year 1990 1991 1992 1993 1994 1995 1996 1997 1998
Sales 506 620 1036 673 588 696 1116 738 663

Let An be the sum of the first n terms of the geometric series `704 + 704/2 + 704/4 + 704/8 + ...` and Bn be the sum of the first n terms of the geometric series `1984 - 1984/2 + 1984/4 + 1984/8 + ...` If An = Bn, then the value ofn is (where n ∈ N).


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