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Question
Obtain trend values for the following data using 4-yearly centered moving averages.
| Year | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 |
| Production | 1 | 0 | 1 | 2 | 3 | 2 |
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 |
| Production | 3 | 6 | 5 | 1 | 4 | 10 |
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Solution
Construct the following table for obtaining 4-yearly centered moving average for the data:
| Year t |
Production yt |
4–yearly moving total | 4–yearly moving average | 2 unit moving total | 4–yearly centred moving averages trend value |
| 1971 | 1 | ||||
| 1972 | 0 | 4 | 1 | ||
| 1973 | 1 | 6 | 1.5 | 2.5 | 1.25 |
| 1974 | 2 | 8 | 2 | 3.5 | 1.75 |
| 1975 | 3 | 10 | 2.5 | 4.5 | 2.25 |
| 1976 | 2 | 14 | 3.5 | 6 | 3 |
| 1977 | 3 | 16 | 4 | 7.5 | 3.75 |
| 1978 | 6 | 15 | 3.75 | 7.75 | 3.875 |
| 1979 | 5 | 16 | 4 | 7.75 | 3.875 |
| 1980 | 1 | 20 | 5 | 9 | 4.5 |
| 1981 | 4 | - | - | - | - |
| 1982 | 10 | - | - | - | - |
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