1. The document contains production or sales data for various companies over multiple years and asks to fit trend lines to the data and estimate values for future years. Linear, exponential, and quadratic trend lines are fitted and future estimates are provided for steel production in 1997, earnings in 1998, sales in 1997, and production in 2004.
2. Moving averages, including 3 yearly, 4 yearly and 2 yearly, are also calculated for revenue data from 1990 to 1999.
Original Description:
Original Title
1. a Company That Manufactures Steel Observed the Production Of
1. The document contains production or sales data for various companies over multiple years and asks to fit trend lines to the data and estimate values for future years. Linear, exponential, and quadratic trend lines are fitted and future estimates are provided for steel production in 1997, earnings in 1998, sales in 1997, and production in 2004.
2. Moving averages, including 3 yearly, 4 yearly and 2 yearly, are also calculated for revenue data from 1990 to 1999.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
1. The document contains production or sales data for various companies over multiple years and asks to fit trend lines to the data and estimate values for future years. Linear, exponential, and quadratic trend lines are fitted and future estimates are provided for steel production in 1997, earnings in 1998, sales in 1997, and production in 2004.
2. Moving averages, including 3 yearly, 4 yearly and 2 yearly, are also calculated for revenue data from 1990 to 1999.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
A company that manufactures steel observed the production of steel (in
metric tons) represented by the time series Year : 1990 91 92 93 94 95 96 Prod. Of steel : 60 72 75 65 80 85 95 a) Find the linear equation that describes the trend in the production of the steel by the company. b) Estimate the production of steel in 1997 (y=76+4.857x , 95.428) 2. Fit a straight line trend by the method of least squares 7 estimate the earning for the year1998 Years : 1989 90 91 92 93 94 95 96 Earnings( in lakhs) : 38 40 65 72 69 60 87 95 (y=65.7+3.66x, 106.08) 3. The sales(in lakhs) of a company are given below Years : 1990 91 92 93 94 95 96 Sales : 32 47 65 88 132 190 275 Fit a exponential trend I,e Y=a.bx & estimate the value for 1997 (1.974x0.15x, 385.9) 5. Calculate 3 yearly , 4,&2 yearly moving averages for the following data Years : 1990 91 92 93 94 95 96 97 98 99 Revenue : 3 6 10 8 7 12 14 14 18 19 4. A company that specializes in the production of petrol filters has recorded the following production (in 1000) units over the last 7 years Years : 1994 95 96 97 98 99 2000 Production : 42 49 62 75 92 122 158 Fit a second degree parabola & estimate the production for2004 (Y=80.05+18.71X-1.417X2 , 320.42) 5.