Problem: The following data represents the estimated vales about CPI (Base: 2010-2011) on Food and Non-food...
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Problem: The following data represents the estimated vales about CPI (Base: 2010-2011) on Food and Non-food items for the period July, 2019 to May 2020. Sl.No. 1 2 3 4 5 6 7 8 9 10 11 Month July August September October November December (iii) (iv) Instructions: January February March April May Requirements: (i) (ii) Food 284.50 289.60 296.81 298.99 299.26 297.69 300.11 299.13 300.74 303.39 294.08 Non-Food 236.95 237.93 Present the report on the following outline: (i) Title (ii) Introduction (iii) Data (iv) Methodology (v) Analysis (vi) Recommendation 239.96 240.38 240.70 241.28 245.46 245.49 246.17 Compare the variability in the two series. Find out the reasons why the estimated amount of variation is persisting. Forecast the values for the month of June, 2020. Give your comment on the estimated values. 246.34 247.17 Problem: The following data represents the estimated vales about CPI (Base: 2010-2011) on Food and Non-food items for the period July, 2019 to May 2020. Sl.No. 1 2 3 4 5 6 7 8 9 10 11 Month July August September October November December (iii) (iv) Instructions: January February March April May Requirements: (i) (ii) Food 284.50 289.60 296.81 298.99 299.26 297.69 300.11 299.13 300.74 303.39 294.08 Non-Food 236.95 237.93 Present the report on the following outline: (i) Title (ii) Introduction (iii) Data (iv) Methodology (v) Analysis (vi) Recommendation 239.96 240.38 240.70 241.28 245.46 245.49 246.17 Compare the variability in the two series. Find out the reasons why the estimated amount of variation is persisting. Forecast the values for the month of June, 2020. Give your comment on the estimated values. 246.34 247.17
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