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Complete the table using 4 yearly moving average method.
| Year | Production | 4 yearly moving total |
4 yearly centered total |
4 yearly centered moving average (trend values) |
| 2006 | 19 | – | – | |
| `square` | ||||
| 2007 | 20 | – | `square` | |
| 72 | ||||
| 2008 | 17 | 142 | 17.75 | |
| 70 | ||||
| 2009 | 16 | `square` | 17 | |
| `square` | ||||
| 2010 | 17 | 133 | `square` | |
| 67 | ||||
| 2011 | 16 | `square` | `square` | |
| `square` | ||||
| 2012 | 18 | 140 | 17.5 | |
| 72 | ||||
| 2013 | 17 | 147 | 18.375 | |
| 75 | ||||
| 2014 | 21 | – | – | |
| – | ||||
| 2015 | 19 | – | – |
Concept: Measurement of Secular Trend
Obtain the trend values for the following data using 5 yearly moving averages:
| Year | 2000 | 2001 | 2002 | 2003 | 2004 |
| Production xi |
10 | 15 | 20 | 25 | 30 |
| Year | 2005 | 2006 | 2007 | 2008 | 2009 |
| Production xi |
35 | 40 | 45 | 50 | 55 |
Concept: Measurement of Secular Trend
Following table shows the amount of sugar production (in lakh tonnes) for the years 1931 to 1941:
| Year | Production | Year | Production |
| 1931 | 1 | 1937 | 8 |
| 1932 | 0 | 1938 | 6 |
| 1933 | 1 | 1939 | 5 |
| 1934 | 2 | 1940 | 1 |
| 1935 | 3 | 1941 | 4 |
| 1936 | 2 |
Complete the following activity to fit a trend line by method of least squares:
Concept: Measurement of Secular Trend
The complicated but efficient method of measuring trend of time series is ______.
Concept: Measurement of Secular Trend
The following table shows gross capital information (in Crore ₹) for years 1966 to 1975:
| Years | 1966 | 1967 | 1968 | 1969 | 1970 |
| Gross Capital information | 20 | 25 | 25 | 30 | 35 |
| Years | 1971 | 1972 | 1973 | 1974 | 1975 |
| Gross Capital information | 30 | 45 | 40 | 55 | 65 |
Obtain trend values using 5-yearly moving values.
Concept: Measurement of Secular Trend
The publisher of a magazine wants to determine the rate of increase in the number of subscribers. The following table shows the subscription information for eight consecutive years:
| Years | 1976 | 1977 | 1978 | 1979 |
| No. of subscribers (in millions) |
12 | 11 | 19 | 17 |
| Years | 1980 | 1981 | 1982 | 1983 |
| No. of subscribers (in millions) |
19 | 18 | 20 | 23 |
Fit a trend line by graphical method.
Concept: Measurement of Secular Trend
If ∑p0q0 = 140, ∑p0q1 = 200, ∑p1q0 = 350, ∑p1q1 = 460, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s and Marshall-Edgeworth’s Price Index Numbers.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Given that ∑p0q0 = 220, ∑p0q1 = 380, ∑p1q1 = 350 and Marshall-Edgeworth’s Price Index Number is 150, find Laspeyre’s Price Index Number.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Find x if the cost of living index is 150.
| Group | Food | Clothing | Fuel & Lighting | House Rent | Miscellaneous |
| I | 180 | 120 | 300 | 100 | 160 |
| W | 4 | 5 | 6 | x | 3 |
Concept: Method of Constructing Cost of Living Index Numbers - Family Budget Method
Base year weights (W) and current year price relatives (I) are given in Problem. Calculate the cost of living index in:
Find y if the cost of living index is 200.
| Group | Food | Clothing | Fuel & Lighting | House Rent | Miscellaneous |
| I | 180 | 120 | 160 | 300 | 200 |
| W | 4 | 5 | 3 | y | 2 |
Concept: Method of Constructing Cost of Living Index Numbers - Family Budget Method
Choose the correct alternative :
The price Index Number by Weighted Aggregate Method is given by ______.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Paasche’s Price Index Number is given by ______.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Dorbish-Bowley’s Price Index Number is given by ______.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Walsh’s Price Index Number is given by _______.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
`(sump_1q_0)/(sump_0q_0) xx 100` is Paasche’s Price Index Number.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
`(sump_0(q_0 + q_1))/(sump_1(q_0 + q_1)) xx 100` is Marshall-Edgeworth’s price index number.
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Find x if Laspeyre’s Price Index Number is same as Paasche’s Price Index Number for the following data
| Commodity | Base Year | Current Year | ||
| Price p0 |
Quantity q0 |
Price p1 |
Quantity q1 |
|
| A | 3 | x | 2 | 5 |
| B | 4 | 6 | 3 | 5 |
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Solve the following problem:
If find x is Walsh’s Price Index Number is 150 for the following data
| Commodity | Base Year | Current Year | ||
| Price p0 |
Quantity q0 |
Price p1 |
Quantity q1 |
|
| A | 5 | 3 | 10 | 3 |
| B | x | 4 | 16 | 9 |
| C | 15 | 5 | 23 | 5 |
| D | 10 | 2 | 26 | 8 |
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Choose the correct alternative:
Walsh's Price Index Number is given by
Concept: Construction of Index Numbers >> Weighted Aggregate Method
Marshall-Edgeworth's Price Index Number is given by ______
Concept: Construction of Index Numbers >> Weighted Aggregate Method
