Cima C03 Exam Question No 38

Question No 38:

A multiplicative time series model should be assumed. Quarterly sales (units) of Brand X, 2001.

A. –50%
B. 0%
C. +50%
D. None of these.

Answer: A 

Cima C03 Exam Question No 37

Question No 37:

A multiplicative time series model should be assumed. Quarterly sales (units) of Brand X, 2001?

The trend value for Q1 sales (units) is

A. 1,280
B. 1,920
C. 2,000
D. None of these.

Answer: C

Cima C03 Exam Question No 36

Question No 36:

 The underlying trend in the demand for a particular product is constant (flat), and is subject to quarterly seasonal variations as follows:

Quarter

Q1

Q2

Q3

Q4

Seasonality

+50%

+50%

-50%

-50%

 Assume a multiplicative model is appropriate.

If the demand for the last quarter, Q2, was 240 units, then the forecasted demand for the next quarter, Q3, is

A. 80 units.
B. 100 units.
C. 120 units.
D. 140 units.

Answer: A

Cima C03 Exam Question No 35

Question No 35:

 

On the basis of the scatter diagram above, which of the following equations would best represent the regression line of Y on X?

A. Y = –X + 8
B. Y = X + 8
C. Y = X – 8
D. Y = –X – 8

Answer: A