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Question 2 The data below shows the historical share price of Sunway Bhd (SWAY) for the past 10 weeks. Obtain a trend value for this
Question 2 The data below shows the historical share price of Sunway Bhd (SWAY) for the past 10 weeks. Obtain a trend value for this data using exponential smoothing with a smoothing constant of a = 0.3. Hence, find the forecasted share price for the week Sep 12, 2021. (Please show all steps clearly and round the forecasted figure to 2 decimal places). Forecast (a = 0.3) Forecast Error Week Price (RM/share) Jul 04, 2021 1.71 Jul 11, 2021 1.75 Jul 18, 2021 1.72 Jul 25, 2021 1.70 Aug 01, 2021 1.74 Aug 08, 2021 1.75 Aug 15, 2021 1.79 Aug 22, 2021 1.74 Aug 29, 2021 1.76 Sep 05, 2021 1.76 (Source: Investing.com) (20 marks) Question 2 The data below shows the historical share price of Sunway Bhd (SWAY) for the past 10 weeks. Obtain a trend value for this data using exponential smoothing with a smoothing constant of a = 0.3. Hence, find the forecasted share price for the week Sep 12, 2021. (Please show all steps clearly and round the forecasted figure to 2 decimal places). Forecast (a = 0.3) Forecast Error Week Price (RM/share) Jul 04, 2021 1.71 Jul 11, 2021 1.75 Jul 18, 2021 1.72 Jul 25, 2021 1.70 Aug 01, 2021 1.74 Aug 08, 2021 1.75 Aug 15, 2021 1.79 Aug 22, 2021 1.74 Aug 29, 2021 1.76 Sep 05, 2021 1.76 (Source: Investing.com) (20 marks)
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