Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMAPRA17-BA1-1 Exam - Topic 1 Question 57 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 57
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]

Based on a trade balance between Country A and Country B over a ten year period, the underlying trend of the trade balance is represent equation

-114.027 -1.47x

where x is the time period expressed in years.

Assuming an additive forecasting model, with a seasonal factor of 82 6, then the forecast for year 2016, in whole units is:

Show Suggested Answer Hide Answer
Suggested Answer: A

by Nana at Aug 21, 2022, 05:06 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA1-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Eve
5 months ago
Not sure about that seasonal factor, feels off to me.
upvoted 0 times
...
Yolande
5 months ago
-113868 seems right based on the calculations.
upvoted 0 times
...
Ryan
5 months ago
Wait, how do we even know the seasonal factor is accurate?
upvoted 0 times
...
Gail
5 months ago
I think it's definitely option B!
upvoted 0 times
...
Eulah
5 months ago
The equation shows a negative trend in trade balance.
upvoted 0 times
...
Wava
6 months ago
I feel like the seasonal factor is crucial, but I can't remember if it gets added or multiplied. I hope I get it right!
upvoted 0 times
...
Hollis
6 months ago
I think we just need to plug in the year into the equation and then add the seasonal factor, but I can't recall the exact steps.
upvoted 0 times
...
Rose
6 months ago
The equation seems straightforward, but I keep mixing up the values for x. Is 2016 x=10 or x=11?
upvoted 0 times
...
Moon
6 months ago
I remember we practiced similar questions on trade balances, but I'm not sure how to apply the seasonal factor here.
upvoted 0 times
...
Alita
6 months ago
I'm a little confused by the wording of this question. The options all seem related to security testing, but I'm not sure which one best fits the description. I'll have to re-read it a few times and see if I can figure it out.
upvoted 0 times
...
Audry
6 months ago
I'm not entirely confident about this, but I'm leaning towards option C. It seems to best describe the core aspect of Issues Management.
upvoted 0 times
...

Save Cancel