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The table below shows the Bean production in Kiboga District. Year Y t Year Y t 1991 8.29 2000 10.57 1992 8.00 2001 11.71 1993

The table below shows the Bean production in Kiboga District.

Year

Yt

Year

Yt

1991

8.29

2000

10.57

1992

8.00

2001

11.71

1993

8.57

2002

11.71

1994

8.86

2003

10.57

1995

9.71

2004

11.14

1996

9.71

2005

10.57

1997

9.43

2006

11.70

1998

8.86

2007

12.80

1999

9.71

  1. Fit a linear trend to the bean production series
  2. Detrend the series and test for the presence of cyclic component using the Von Neumanns ratio test (assume =5%)
  3. Describe the different methods for estimation of the cyclic component.

(b) Describe the turning points test for determining the existence of stationarity or no trend.

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