Time series questions:

1. For which type of data that seasonal fluctuations don’t appear in Time
Series:
Annual data.

2.What does long period term in trend:

Relative term.

3.The best fitted trend line is one for which sum of squares of residuals or
errors is:
a) Positive b) Negative c) Maximum d) Minimum

4.The following are the movements in a secular trend:

a) Smooth b) Regular c)Steady d) All of them

5.The graph of time series is called:

a) Line graph b) Trend c)Hestorigram d) Histogram

6.Prosperity, recession, and depression in business is an example of:

a) Irregular trend b) Secular trend c)Cyclic variation d) Seasonal
variation

7.In the theory of Time Series shortage in a certain consumer goods before
the annual budget are due to:
a) Seasonal variation b) Secular trend
c)Irregular variation d) Cyclic variation

8. A set of observations recorded at an equal interval of time:

a) Array data b) Data c)Geometric Series d) Time Series
9.. A fire in a factory delaying production for some weeks:
a)Secular trend b)cyclic variation c)seasonal variation d)irregular
10.A time series consist of:
a) Short term variation b) Long term variation.
c) Irregular variation d) All the above.

11.Increase in the numbers of patients in the hospital due to heat stroke:

a)seasonal variation b)cyclic variation
c)secular trend d)irregular variation

12.The systematic components of Time Series which follow regular pattern

of variations are called:
a) Signal b) Noise c)Additive d) Multiplicative

13.The unsystematic sequence which follows irregular pattern of variations

is called:
(a) Noise (b) Signal (c) Linear (d) Non-linear

14.In Time Series seasonal variation can occurs within:

a) 4 Years b) 3 Years c) 1 Year d) 9 Years

15.Wheat crops badly damaged on account of rains is:

a) Cyclic movement. b) Random movement.
c) Secular movement. d) Seasonal movement

16.An orderly set of data arranged in accordance with their time of

occurrence is called:
(a) Arithmetic series (b) Harmonic series
(c) Geometric series (d) Time series
17.A complete cycle consists of a period of:
(a) Prosperity and depression (b) Prosperity and recovery
(c) Prosperity and recession (d) Recession and recovery

18.A complete cycle passes through:

(a) Two stages (b) Three stages (c) Four stages (d) Difficult to tell

19.Most frequency used mathematical model of a time series is:

(a) Additive model (b) Mixed model
(c) Multiplicative model (d) Regression model

20.A time series consists of:

(a) No mathematical model (b) One mathematical model (c) Two
mathematical models (d) Three mathematical models

21.Value of b in the trend line Y = a + bX is:

(a) Always negative (b) Always positive
(c) Always zero (d) Both negative and positive

22.Indicate which of the following an example of seasonal variations is:

(a) Death rate decreased due to advance in science
(b) The sale of air condition increases during summer
(c) Recovery in business
(d) Sudden causes by wars

23.The rise and fall of a time series over periods longer than one year is
called:
(a) Secular trend (b) Seasonal variation (c)
Cyclical variation (d) Irregular variation

24.A time series has:

(a) Two components (b) Three components
(c) Four components (d) Five components

25.The multiplicative time series model is:

(a) Y = T + S + C + I (b) Y = TSCI (c) Y = a + bX (d) Y = a + bX + cX2
26.The additive model of the time series is:
(a) Y = T + S + C + I (b) Y = TSCI (c) Y = a + bX (d) Y = a + bX + cX2

27.The difference between the actual value of the time series and the
forecasted value is called:
(a) Residual (b) Sum of variation
(c) Sum of squares of residual (d) All of the above

28.A pattern that is repeated throughout a time series and has a

recurrence period of at most one year is called: (a) Cyclical
variation (b) Irregular variation
(c) Seasonal variation (d) Long term variation

29.The straight line is fitted to the time series when the movements in the
time series are:
(a) Nonlinear (b) Linear (c) Irregular (d) Upward

30.prosperity , recession and depression in a business is example of:

a)secular trend b)cyclic variation
c)irregular variation d)seasonal variation
31.seasonal variations are :
a)long term variations b)short term variations
c)sudden variations d)None

32.A rise in price before Eid is an example of:

a)cyclic trend b)secular trend
c)seasonal trend d)irregular trend

33.the general pattern of increase or decrease in economics or social

phenomena is shown by:
a)secular trend b)seasonal variation c)cyclic variation d)irregular
34.Which of the following is an example of a time series problem?

1. Estimating number of hotel rooms booking in next 6 months.

2. Estimating the total sales in next 3 years of an insurance company.
3. Estimating the number of calls for the next one week.

A) Only 3
B) 1 and 2
C) 2 and 3
D) 1 and 3
E) 1,2 and 3

35.Decomposition of time series is called:

a)Hestorigram

b)Analysis of time series

c)Histogram

d)Detrending
36.Damages due to floods ,droughts, stricks fires and political disturbances
are :

a)trend

b)seasonal

c)cyclic

d)irregular

37.A time series is set of data recorded

a) At successive points of time b)at time or space interval

c)periodically d)All of them

38.the time series analysis helps to:

a)Make predictions

b)know the behavior of business

c)compare two or more series

d)All of them

39.which of the components dominates the other variations in time series:

a)secular trend b)cyclic variation

c)irregular fluctuation d)seasonal variation

40.the general decline in sales of cotton clothes is attached to…component

of time series:

a)cyclic variation b)secular trend c)seasonal variation d)All of them

41.The cyclic variation in time series are caused by:

a)War in country

b)floods in state

c)lockouts in factory

d)None of them

42.the wavelike pattern describes the long term patterns are:

a)cyclic variation b)secular trend c)seasonal variation d)irregular

43.the irregular variations are ….in nature:

a)systematic b)unsystematic c)either a or b d)neither a nor b

43.Due to COVID19 the air ticket prices go high, this is an example of..

a)cyclic variation b)secular trend

c)seasonal variation d)irregular variation

44.Index number is also called as-----------

a. Economic barometer b. Parameter c. Constant d. None of the

above 45. In Lasperys price index number weight is considered as---------

a. quantity in base year b. quantity during current year

c. prices in base year d. prices in current year.

46. A period for which index number is determined is called as ------

a. current period. b. base period

c. Normal period. d. None of the above

47.the period which you wish to compare the prices of current period is:

a. base period b. current period

c. Normal period d. None of the above

48.If all the values are of equal importance, the index numbers are called:

a. Weighted b. Unweighted c. Composite d . Value index

49.Another name of consumer's price index number is:

a. Whole-sale price index number b. Cost of living index

c Sensitive d. Composite