Question: 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

Question 2 The data below shows the historical

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 ofa = 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). Month Price (RM) Forecast (a = 0,2) Forecast Error Aug 2020 14.00 Sept 2020 15.04 Oct 2020 14.80 Nov 2020 17.18 Dec 2020 18.20 Jan 2021 17.26 Feb 2021 18.00 Mar 2021 18.70 Apr 2021 17.82 May 2021 17.66 (20 marks) [Total: 20 marks

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