Time series and index numbers - CCEA GCSE Statistics quiz quiz
14questions. Pick an answer and you'll see why right away.
Moving averages are used on a time series mainly to:
For quarterly data, the correct moving average to use is a:
The first four-point moving average of is:
The general long-term direction of a time series is called the:
A pattern that repeats every year, such as higher sales each summer, is called:
Each moving average should be plotted at the:
An index number compares a value with the:
A price was £40 in the base year and is £50 now. The price index now is:
An index number of 95 means the value has:
The RPI and CPI are used to measure:
Two items have indices 110 and 130 with weights 3 and 1. The weighted index is:
A weighted index number is used because:
A chain base index compares each year with the:
Extending a trend line far beyond the data to predict is: