Question: question in statistics.please answer quickly Question 2. [Marks: 12.5] a) Below are given the figures of productions (in million tons) of a cement factory from

question in statistics.please answer quickly

question in statistics.please answer quickly Question 2. [Marks: 12.5] a) Below are

Question 2. [Marks: 12.5] a) Below are given the figures of productions (in million tons) of a cement factory from the year [9] 2005 to 201 1. Year 2008 2009 2010 2011 2012 2013 2014 Production 77 88 94 85 91 98 90 Find the trend values using the method of least square and plot them graphically. Also find the estimated production of cement for the year 2017 according to your method. b) Explain the basic difference between cyclical variation and seasonal variation with an example. [3.5]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!