Advertisements
Advertisements
Question
The following figures relates to the profits of a commercial concern for 8 years
| Year | Profit (₹) |
| 1986 | 15,420 |
| 1987 | 15,470 |
| 1988 | 15,520 |
| 1989 | 21,020 |
| 1990 | 26,500 |
| 1991 | 31,950 |
| 1992 | 35,600 |
| 1993 | 34,900 |
Find the trend of profits by the method of three yearly moving averages
Advertisements
Solution
Computation of three-yearly moving averages
| Year | Profit (₹) | 3-Yearly Moving Total |
3-Yearly Moving Average |
| 1986 | 15420 | - | - |
| 1987 | 15470 | 46410 | 15470 |
| 1988 | 15520 | 5010 | 17336.666 |
| 1989 | 21020 | 63040 | 21013.333 |
| 1990 | 26500 | 79470 | 26490 |
| 1991 | 31950 | 94050 | 31350 |
| 1992 | 35600 | 102450 | 34150 |
| 1993 | 34900 | - | - |
The last column gives the trend of profits.
APPEARS IN
RELATED QUESTIONS
Define Time series
Write a brief note on seasonal variations
Explain cyclic variations
Discuss about irregular variation
State the different methods of measuring trend
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:
A time series consists of
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 |
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
