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USING TREND ANALYSIS




Presented By:
Ankur Pandey; IM-2K8-007
Jyotsna Damor; IM-2K8-40
TREND ANALYSIS

Trend Analysis is the practice of collecting information and attempting to spot a pattern,
or trend, in the information. In some fields of study, the term "trend analysis" has more formally-
defined meanings.
In statistics, trend analysis often refers to techniques for extracting an underlying pattern of
behaviour in a time series which would otherwise be partly or nearly completely hidden by noise.
A simple description of these techniques is trend estimation, which can be undertaken within a
formal regression analysis

Although trend analysis is often used to predict future events, it could be used to estimate
uncertain events in the past such as predicting the growth of online gaming in 2012.
We have the past data of Year 1999 to 2011 Indian Gaming Revenues in US Dollars.

So, using Trend Analysis we have to predict for the year 2012.
Year   Y (Sales in $ Bilion)   % Change   X       X X        X Y
1999   9.8                     -          1       1          9.8
2000   11.0                    12         2       4          22
2001   12.8                    16         3       9          38.4
2002   14.7                    15         4       16         58.8
2003   16.8                    14         5       25         84
2004   19.5                    16         6       36         117
2005   22.6                    16         7       49         158.2
2006   24.9                    10         8       64         199.2
2007   26.1                    5          9       81         234.9
2008   26.7                    2          10      100        267
2009   26.5                    (-1)       11      121        291.5
2010   29.2                    10         12      144        350.4
2011   33.6                    15         13      169        436.8
2012   34.58 (Forecasted)      2.92
       ∑Y=273.9                           ∑X=91   ∑X*X=819   ∑X*Y=2268.0
Calulations

∑Y = (N    a ) + (b   ∑X X)    ; N is the no. of Values

∑XY = a     ∑X + (b      ∑X X)

On solving the equations, we find that:

a= 7.56
b= 1.93

Now, we have the equation of a straight line: Y = a + b   X

Hence, Y14 = a + b X14
  Y14 = 34.58

Hence, using the trend analysis, we can predict the sales of Indian Gaming Revenues for 2012
as 34.58 Billion US$.
Indian Gaming Revenues Billion US $
40


35


30


25


20


15


10


5


0
     1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Some Facts abt
Online Gaming
Using Trend Analysis to Predict Indian Gaming Revenues

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Using Trend Analysis to Predict Indian Gaming Revenues

  • 1. USING TREND ANALYSIS Presented By: Ankur Pandey; IM-2K8-007 Jyotsna Damor; IM-2K8-40
  • 2. TREND ANALYSIS Trend Analysis is the practice of collecting information and attempting to spot a pattern, or trend, in the information. In some fields of study, the term "trend analysis" has more formally- defined meanings. In statistics, trend analysis often refers to techniques for extracting an underlying pattern of behaviour in a time series which would otherwise be partly or nearly completely hidden by noise. A simple description of these techniques is trend estimation, which can be undertaken within a formal regression analysis Although trend analysis is often used to predict future events, it could be used to estimate uncertain events in the past such as predicting the growth of online gaming in 2012. We have the past data of Year 1999 to 2011 Indian Gaming Revenues in US Dollars. So, using Trend Analysis we have to predict for the year 2012.
  • 3. Year Y (Sales in $ Bilion) % Change X X X X Y 1999 9.8 - 1 1 9.8 2000 11.0 12 2 4 22 2001 12.8 16 3 9 38.4 2002 14.7 15 4 16 58.8 2003 16.8 14 5 25 84 2004 19.5 16 6 36 117 2005 22.6 16 7 49 158.2 2006 24.9 10 8 64 199.2 2007 26.1 5 9 81 234.9 2008 26.7 2 10 100 267 2009 26.5 (-1) 11 121 291.5 2010 29.2 10 12 144 350.4 2011 33.6 15 13 169 436.8 2012 34.58 (Forecasted) 2.92 ∑Y=273.9 ∑X=91 ∑X*X=819 ∑X*Y=2268.0
  • 4. Calulations ∑Y = (N a ) + (b ∑X X) ; N is the no. of Values ∑XY = a ∑X + (b ∑X X) On solving the equations, we find that: a= 7.56 b= 1.93 Now, we have the equation of a straight line: Y = a + b X Hence, Y14 = a + b X14 Y14 = 34.58 Hence, using the trend analysis, we can predict the sales of Indian Gaming Revenues for 2012 as 34.58 Billion US$.
  • 5. Indian Gaming Revenues Billion US $ 40 35 30 25 20 15 10 5 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012