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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:
Suggested Answer: A
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11 comments · newest first
EV
Eve
12 months ago
Not sure about that seasonal factor, feels off to me.
YO
Yolande
12 months ago
-113868 seems right based on the calculations.
RY
Ryan
1 year ago
Wait, how do we even know the seasonal factor is accurate?
GA
Gail
1 year ago
I think it's definitely option B!
EU
Eulah
1 year ago
The equation shows a negative trend in trade balance.
WA
Wava
1 year 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!
HO
Hollis
1 year 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.
RO
Rose
1 year ago
The equation seems straightforward, but I keep mixing up the values for x. Is 2016 x=10 or x=11?
MO
Moon
1 year ago
I remember we practiced similar questions on trade balances, but I'm not sure how to apply the seasonal factor here.
AL
Alita
1 year 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.
AU
Audry
1 year 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.