Cycle plot, Advanced Statistics

Assignment Help:

The graphical method for studying the behavior of the seasonal time series. In such a plot, the January values of seasonal component are graphed for the upcoming years, then the

February values are graphed, and so on. For each monthly subseries the mean of values is represented by the horizontal line. The graph permits an assessment of the overall pattern of seasonal change, as portrayed by horizontal mean lines, as well as the behavior of each of the monthly subseries. Since the entire latter are on the same graph it is readily seen whether the change in any subseries is big or small compared with that in the overall pattern of seasonal component. The plot is shown in the figure drawn below

1220_cycle plot.png


Related Discussions:- Cycle plot

Explain kurtosis, Kurtosis: The extent to which the peak of the unimodal p...

Kurtosis: The extent to which the peak of the unimodal probability distribution or the frequency distribution departs from its shape of the normal distribution, by either being mo

Attitude scaling, Attitude scaling : The process of analysing the positions...

Attitude scaling : The process of analysing the positions of the individuals on scales purporting to measure attitudes, for instance a liberal-conservative scale, ora risk-willingn

Describe Generalized principal components analysis, Generalized principal c...

Generalized principal components analysis: The non-linear version of the principal components analysis in which the goal is to determine the non-linear coordinate system which is

Sequencing problem, 2 jobs n machines,graphical method,how to determine wh...

2 jobs n machines,graphical method,how to determine which job should proceed first on each machine

Mosaic displays, Mosaic displays  is the graphical display of the standardi...

Mosaic displays  is the graphical display of the standardized residuals from the fitting a log-linear model to a contingency table in which the colour and outline of the mosaic's '

Accelerated life testing, Normal 0 false false false EN...

Normal 0 false false false EN-US X-NONE X-NONE

Factorial moment generating function, The function of a variable t which, w...

The function of a variable t which, when extended formally as a power series in t, yields factorial moments as the coefficients of the respective powers. If the P(t) is probability

Classification matrix, Classification matrix: A term many times used in di...

Classification matrix: A term many times used in discriminant analysis for the matrix summarizing the results and outputs obtained from the derived classi?cation rule, and obtaine

Option-3 scheme, Option-3 scheme is a scheme of measurement used in the si...

Option-3 scheme is a scheme of measurement used in the situations investigating possible changes over the time in longitudinal data. The scheme is planned to prevent measurement o

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd