Question: PLEASE ANSWER ASAPPPPP Question 2 The data below shows the historical share price of Hong Leong Bank Bhd (HLBB) for the past 10 months. Obtain
PLEASE ANSWER ASAPPPPP
Question 2 The data below shows the historical share price of Hong Leong Bank Bhd (HLBB) for the past 10 months. Obtain a trend value for this data using exponential smoothing with a smoothing constant of a = 0.2. Hence, find the forecasted share price for the month of June 2021. (Please show all steps clearly and round the forecasted figure to 2 decimal places). Forecast (a = 0.2) Forecast Error Month Aug 2020 Sept 2020 Oct 2020 Nov 2020 Dec 2020 Jan 2021 Feb 2021 Mar 2021 Apr 2021 May 2021 Price (RM) 14.00 15.04 14.80 17.18 18.20 17.26 18.00 18.70 17.82 17.66 (20 marks) ITotal: 20 marks
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
