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12 General Unit 3 Topic 2 2020

Total questions: 16

Worksheet time: 14mins

Name
Class
Date
1.

The pattern in the time series in the graph shown is best described as:

a)

trend

b)

cyclical but not seasonal

c)

seasonal

d)

irregular

e)

average

2.

The three-moving mean for time period 2 is closest to:

a)

3.4

b)

3.6

c)

3.9

d)

4.0

e)

4.2

3.

The five-moving mean for time period 3 is closest to:

a)

3.4

b)

3.6

c)

3.9

d)

4.1

e)

4.2

4.

The two-moving mean for time period 5 with centring is closest to:

a)

2.7

b)

3.6

c)

3.9

d)

4.0

e)

4.2

5.

The four-moving mean for time period 4 with centring is closest to:

a)

2.7

b)

3.6

c)

3.9

d)

4.1

e)

4.2

6.

The seasonal indices for the number of customers at a restaurant are as follows.

The value of p is:

a)

0.5

b)

0.7

c)

0.8

d)

1.0

e)

1.2

7.

The seasonal indices for the number of bathing suits sold at a surf shop are given in the table.

The number of bathing suits sold one summer is 432. The deseasonalised number is closest to:

a)

432

b)

240

c)

778

d)

540

e)

346

8.

The seasonal indices for the number of bathing suits sold at a surf shop are given in the table.

The deseasonalised number of bathing suits sold one winter was 380. The actual number was closest to:

a)

114

b)

133

c)

152

d)

380

e)

1267

9.

The seasonal indices for the number of bathing suits sold at a surf shop are given in the table.

The seasonal index for spring tells us that, over time, the number of bathing suits sold in spring tends to be:

a)

50% less than the seasonal average

b)

15% less than the seasonal average

c)

the same as the seasonal average

d)

15% more than the seasonal average

e)

50% more than the seasonal average

10.

The seasonal indices for the number of bathing suits sold at a surf shop are given in the table.

To correct for seasonality, the actual number of bathing suits sold in Autumn should be:

a)

reduced by 60%

b)

reduced by 40%

c)

increased by 40%

d)

increased by 60%

e)

increased by 150%

11.

The number of visitors to an information centre each quarter was recorded for one year. The results are tabulated below.

Using this data, the seasonal index for autumn is estimated to be closest to:

a)

0.25

b)

1.0

c)

1.23

d)

0.82

e)

0.21

12.

A trend line is fitted to a time series plot displaying the average age at marriage of males (in years) for the period 2005–2016.

The equation of this line is: age = 31.1 + 0.236 × year

Here year 1 is 2005, year 2 is 2006, and so on.


Using this trend line, the average age of marriage of males in 2020 is forecasted to be:

a)

31.3

b)

34.6

c)

34.9

d)

35.1

e)

500

13.

A trend line is fitted to a time series plot displaying the average age at marriage of males (in years) for the period 2005–2016.

The equation of this line is: age = 31.1 + 0.236 × year

Here year 1 is 2005, year 2 is 2006, and so on.


From the slope of the trend line it can be said that:

a)

on average, the age of marriage for males is increasing by about 3 months per year

b)

on average, the age of marriage for males is decreasing by about 3 months per year

c)

older males are more likely to marry than younger males

d)

no males married at an age younger than 27 years

e)

on average, the age of marriage for males is increasing by 0.236 months per year

14.

The equation of the least squares regression line that could enable us to predict the deseasonalised price is closest to:

a)

price = 84.3 + 1.25 × day

b)

price = −49.7 + 0.601 × day

c)

price = 1.25 + 84.3 × day

d)

price = 0.601 − 49.7 × day

e)

price = 84.3 − 1.25 × day

15.

The seven-mean deseasonalised smoothed price of petrol (in cents/litre) for this week was closest to:

a)

87.4

b)

88.3

c)

88.5

d)

89.3

e)

90.0

16.

The deseasonalised price (in cents/litre) on Thursday was 90.1. The actual price on Thursday was closest to:

a)

63.1

b)

75.6

c)

110.8

d)

128.7

e)

135.4