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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 |
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- Fit a linear trend to the bean production series
- Detrend the series and test for the presence of cyclic component using the Von Neumanns ratio test (assume =5%)
- 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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