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प्रश्न
What is the need for studying time series?
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उत्तर
We should study time series for the following reasons:
1. It helps in the analysis of past behaviour.
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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संबंधित प्रश्न
Explain cyclic variations
State the two normal equations used in fitting a straight line
Compute the average seasonal movement for the following series
| Year | Quarterly Production | |||
| I | II | III | IV | |
| 2002 | 3.5 | 3.8 | 3.7 | 3.5 |
| 2203 | 3.6 | 4.2 | 3. | 4.1 |
| 2004 | 3.4 | 3.9 | 37 | 4.2 |
| 2005 | 4.2 | 4.5 | 3 | 4.4 |
| 2006 | 3.9 | 4.4 | 4.2 | 4.6 |
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 is a set of data recorded
Choose the correct alternative:
The components of a time series which is attached to short term fluctuation is
Choose the correct alternative:
Least square method of fitting a trend is
A bullet of mass m and velocity a is fired into a large block of wood of mass M The final velocity of the system is
The sum of the infinite series `x + (1 + 2)/(2!) x^2 + (1 + 2 + 3)/(3!) x^3 +` .... equals
The sum of the series 3.6 + 4.7 + 5.8 + ....... upto (n – 2) terms
