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Question
Choose the correct alternative:
The components of a time series which is attached to short term fluctuation is
Options
Secular trend
Seasonal variations
Cyclic variation
Irregular variation
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Solution
Irregular variation
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RELATED QUESTIONS
Define secular trend
Define seasonal index
State the different methods of measuring trend
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 following table shows the number of salesmen working for a certain concern:
| Year | 1992 | 1993 | 1994 | 1995 | 1996 |
| No. of salesman |
46 | 48 | 42 | 56 | 52 |
Use the method of least squares to fit a straight line and estimate the number of salesmen in 1997
Choose the correct alternative:
The additive model of the time series with the components T, S, C and I is
Choose the correct alternative:
Least square method of fitting a trend 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 `log_4 2 - log_8 2 + log_16 2 + ...............` to `oo` is
What is the sum of the first 50 terms of the series (1 × 3) + (3 × 5) + (5 × 7) + ...?
