CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 82 Discussion

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

Question #: 82
Topic #: 1

Based on the past twenty months, an event decorating company develops a trend equation for forecasting sales revenue (y) where y = 4.38 + 1.32x.

If month 21 has a seasonal factor of times 1.07, then what is the forecast for the month, using a multiplicative model? Give your answer to two decima places.

A34.34

B54.54

C44.44

D64.64

Show Suggested Answer

Suggested Answer: A

by Larae at Mar 09, 2024, 10:02 AM

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Bernardo

5 days ago

I calculated it too, and I also got B) 54.54 as the forecast.

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Shoshana

6 days ago

I agree with Lilli, the seasonal factor of 1.07 should increase the forecast.

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Lilli

9 days ago

I think the answer is B) 54.54.

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