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Question 2 Below is the share price of FTSE Malaysia KLCI (KLSE) for the past 10 months. Obtain a trend value for this data using

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Question 2 Below is the share price of FTSE Malaysia KLCI (KLSE) for the past 10 months. Obtain a trend value for this data using exponential smoothing with a smoothing constant of a = 0.4. Hence, find the forecasted share price for the month of APRIL 2020. (Please round up the forecasted figure to 2 decimal places). Forecast (a = 0.4) Forecast Error Date 2019-Jun 2019-Jul 2019-Aug 2019-Sep 2019-Oct 2019-Nov 2019-Dec 2020-Jan 2020-Feb 2020-Mar Price (RM) 1,672.13 1,634.87 1,612.14 1,583.91 1,597.98 1,561.74 1,588.76 1,531.06 1,482.64 1,350.89 (20 marks) Question 2 Below is the share price of FTSE Malaysia KLCI (KLSE) for the past 10 months. Obtain a trend value for this data using exponential smoothing with a smoothing constant of a = 0.4. Hence, find the forecasted share price for the month of APRIL 2020. (Please round up the forecasted figure to 2 decimal places). Forecast (a = 0.4) Forecast Error Date 2019-Jun 2019-Jul 2019-Aug 2019-Sep 2019-Oct 2019-Nov 2019-Dec 2020-Jan 2020-Feb 2020-Mar Price (RM) 1,672.13 1,634.87 1,612.14 1,583.91 1,597.98 1,561.74 1,588.76 1,531.06 1,482.64 1,350.89 (20 marks)

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