(a) Compute the seasonal indices by 4-year moving averages from the given data of production of paper (in thousand tons) : | Year | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | |---|---|---|---|---|---|---|---|---|---|---| | Index number | 2450 | 1470 | 2150 | 1800 | 1210 | 1950 | 2300 | 2500 | 2480 | 2680 | OR (b) Fit a straight-line trend by method of least squares for the following data : | Year | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |---|---|---|---|---|---|---| | Production (in tons) | 210 | 225 | 275 | 220 | 240 | 235 |
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Start your 14-day free trial to unlock the full solution →- Form 4-year moving totals → 4-year averages → centre them in pairs to get the centred moving average for 2003–2008.
- Coding time as gives , , so .
Part (a) — 4-year centred moving averages
For an even period, compute 4-year moving totals, divide by 4 (moving average), then average consecutive pairs (centred total ÷ 2) to align with the actual year.
| Year | Value | 4-yr moving total | 4-yr moving avg | Centred total | Centred moving avg |
|---|---|---|---|---|---|
| 2001 | 2450 | ||||
| 2002 | 1470 | ||||
| 7870 | 1967.5 | ||||
| 2003 | 2150 | 3625.0 | 1812.5 | ||
| 6630 | 1657.5 | ||||
| 2004 | 1800 | 3435.0 | 1717.5 | ||
| 7110 | 1777.5 | ||||
| 2005 | 1210 | 3592.5 | 1796.25 | ||
| 7260 | 1815.0 | ||||
| 2006 | 1950 | 3805.0 | 1902.5 | ||
| 7960 | 1990.0 | ||||
| 2007 | 2300 | 4297.5 | 2148.75 | ||
| 9230 | 2307.5 | ||||
| 2008 | 2500 | 4797.5 | 2398.75 | ||
| 9960 | 2490.0 | ||||
| 2009 | 2480 | ||||
| 2010 | 2680 |
- 4-year moving totals (e.g. ) are divided by 4 to get the moving averages (1967.5, 1657.5, …). …
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