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Model Paper 3 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 34 Marks
Question
What are the general rules to construct a Time Series graph?
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Answer

General rules to construct a time Series graph
a. Since time can never be in negative values, II and III quadrant are not used in making of time series graphs.
b. Time period (week, Month, Year) is taken on X- Axis. And Variable under study is taken on Y-Axis.
c. We start Y axis with Zero and decide the scales for both the axis.
d. Different values are plotted on the graph.
e. By joining these points, we get a time series graph.
Time series graph can be of three types:
a. One Variable Graph.
b. Two or more than two variable Graph.
c. When False Base Line is used.
d. Graphs of Different Units.

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