CIMA Exam CIMAPRA17-BA1-1 Topic 3 Question 105 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 105
Topic #: 3

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:

A-113968

B-113868

C-113768

D-113668

Show Suggested Answer

Suggested Answer: A

by Glennis at Jan 11, 2025, 02:53 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

2 days ago

I'm not sure, but I'll go with A) -113968 as well.

upvoted 0 times

...

4 days ago

I agree with Eliseo, the rationale behind it makes sense.

upvoted 0 times

...

5 days ago

The equation given clearly shows a linear trend, so the forecast for year 2016 should be based on that. I think the answer is C) -113768.

upvoted 0 times

...

12 days ago

I think the answer is A) -113968.

upvoted 0 times

...