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Question
Choose the correct alternative:
The component of a time series attached to long term variation is trended as
Options
Cyclic variation
Secular variations
Irregular variation
Seasonal variations
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Solution
Secular variations
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RELATED QUESTIONS
Discuss about irregular variation
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 |
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A time series is a set of data recorded
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A time series consists of
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The additive model of the time series with the components T, S, C and I is
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Least square method of fitting a trend is
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The value of ‘b’ in the trend line y = a + bx is
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 |
Fit a straight line trend by the method of least squares to the following data
| Year | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 |
| Sales | 50.3 | 52.7 | 49.3 | 57.3 | 56.8 | 60.7 | 62.1 | 58.7 |
Sum of the first n terms of the series `1/2 + 3/4 + 7/8 + 15/16 +`......... is equal to:
