Advertisements
Advertisements
Question
Write a brief note on seasonal variations
Advertisements
Solution
Seasonal Variations: As the name suggests, tendency movements are due to nature which repeat themselves periodically in every seasons.
These variations repeat themselves in less than one year time.
It is measured in an interval of time.
Seasonal variations may be influenced by natural force, social customs and traditions.
These variations are the results of such factors which uniformly and regularly rise and fall in the magnitude.
For example, selling of umbrellas’ and raincoat in the rainy season, sales of cool drinks in summer season, crackers in deepawali season, purchase of dresses in a festival season, sugarcane in Pongal season.
APPEARS IN
RELATED QUESTIONS
State the uses of time series
Define seasonal index
Explain the method of fitting a straight line
State the two normal equations used in fitting a straight line
Calculate the seasonal indices from the following data using the average method:
| Year | I Quarter | II Quarter | III Quarter | IV Quarter |
| 2008 | 72 | 68 | 62 | 76 |
| 2009 | 78 | 74 | 78 | 72 |
| 2010 | 74 | 70 | 72 | 76 |
| 2011 | 76 | 74 | 74 | 72 |
| 2012 | 72 | 72 | 76 | 68 |
Choose the correct alternative:
A time series is a set of data recorded
Choose the correct alternative:
The value of ‘b’ in the trend line y = a + bx is
Sum of n terms of series 1.3 + 3.5 + 5.7 + ______ is
Sum of the first n terms of the series `1/2 + 3/4 + 7/8 + 15/16 +`......... is equal to:
The sum of the series 3.6 + 4.7 + 5.8 + ....... upto (n – 2) terms
