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CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 87
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:

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Suggested Answer: A

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