1. Give below is the data on production of a company (in lakhs). Year: 1983 1984 1985 1986 1987 1988 1989 Production: 15 14 18 20 17 24 27 Fit the linear trend. Compute the trend values for each year. Estimate the production for year 1991.
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- The US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the trend appearslinear. Ifso, and assuming the trend continues, in what year will imports exceed 12,000 hectoliters?13. Given below are the figures of production of a factory. Year: 1992 1993 1994 1995 1996 1997 1998 Production: 80 90 92 83 94 99 92 (*000 tons) Fit a straight line trend. CS Scanned with CamScanner11. The number of units of a product exported during 1990–97 is given below. Fit a straight line trend and estimate the export for the year 1998. Year: 1990 1991 1992 1993 1994 1995 1996 1997 No. of units exported: 12 13 13 16 19 23 21 23 (in '000)
- Create a 2-D line chart of Cash Sales for months 1-18. Add a trend line with a forward forecast of 3 periods to the chart. Be sure to include the R-squared value on the chart. Using =TREND(), complete the forecast table for months 19-21 1 $ 2,145,600 19 2 $ 2,175,200 20 3 $ 2,255,200 21 4 $ 2,505,600 5 $ 2,748,800 6 $ 2,358,000 7 $ 3,165,200 8 $ 3,253,600 9 $ 3,484,000 10 $ 3,731,200 11 $ 3,741,200 12 $ 3,558,800 13 $ 3,771,200 14 $ 3,787,600 15 $ 3,813,600 16 $ 3,822,800 17 $ 3,828,000 18 $ 3,897,200Use the method of least square to fit a trend line for the income from the following data. Estimate the income for the year 2013: Years 2005 2006 2007 2008 2009 2010 2011 2012 Income ('000$) 85 90 110 100 95 120 125 115What the three trend lines and seasonal variation information shown in Chart and Table1 indicate about historic sales of smart running shoes in Europe and how thisinformation could be used to determine a forecast of sales volumes for our new rangefor the for first 2 quarters of 2022.
- vt 14. Calculate trend values by the method of Least Square from the data given below and estimate the sales for 2007. Year 2000 2001 2002 2003 2004 Sales of GA. (Rs. lakhs) 70 74 80 86 90 上Below are given the annual production (in '000 Rs.) of a fertiliser factory : 1998 Year : 1992 1993 1994 1995 1996 1997 Prodn. : 70 75 90 91 85 98 100 (i) Fit a straight line trend by the method of least square and tabulate the trend values.Twins Twins are often born after a pregnancy that lastsless than 9 months. On the next page is a graph from theJournal of the American Medical Association (JAMA)showing the rate of preterm twin births in the United States over the past 20 years. In this study, JAMA catego-rized mothers by the level of prenatal medical care they received: inadequate, adequate, or intensive.a) Describe the overall trend in preterm twin births. b) Describe any differences you see in this trend, depend-ing on the level of prenatal medical care the mother received.c) Should expectant mothers be advised to cut back onthe level of medical care they seek in the hope ofavoiding preterm births? Explain.a) Create a linear model and predict the number ofgallons that will be available in 2005.b) The exam then asked students to estimate the yearwhen leaded gasoline will first become unavailable,expecting them to use the model from part a to answerthe question. Explain why that method is incorrect.c) Create a model…
- 35 The equation for yearly sales (in 000 Rs.) for a commodity with year 1971 as origin Y= 91.6 + 28.8X. Determine the trend equation to give monthly trend values with Jan. 1972 as origin and calculate the trend for March 1972.1. Give below is the data on production of a company (in lakhs). Year: 1983 1984 1985 1986 1987 1988 1989 Production: 15 14 18 20 17 24 27 Fit the linear trend. Compute the trend values for each year. Estimate the production for yeаr 1991.Compute 3-yearly moving averages of the following data assuming the length Of business cycle as 3 year period and plot the trend va year Annual sales in $ '000 1990 40 1991 42 1590 46 1993 44 1994 49 1995 46 1996 42 1997 44 1998 50