CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 85 Discussion

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

Question #: 85
Topic #: 1

A car dealer uses the following trend equation to estimate the number of cars sold each quarter

Y = 120 + 3t

Where y = number of cars sold each quarter and t = time period expressed in units

What is the forecasted number of cars sold in period 12. if there is an additive seasonal factor of 55?

A156

B101

C211

D139

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Suggested Answer: C

by Carli at Apr 21, 2024, 04:48 AM

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4 days ago

That's correct, considering the additive seasonal factor of 55.

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5 days ago

The forecasted number of cars sold in period 12 is 156.

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