CIMA BA1 · Chapter 11 · Question 8 of 11
Using an additive time series model, the trend value for a quarter is 820 units and the seasonal variation for that quarter is +35 units. What is the forecast for the quarter?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) 855 units
Explanation
In the additive model, forecast = trend + seasonal variation = 820 + 35 = 855 units.
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