Cima 2cram all Ba1 Test Inside Cima Questions by Phoenix q94 vce pdf

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Exam Name:	Fundamentals of Business Economics
Exam Code:	BA1 Dumps
Vendor:	CIMA	Certification:	CIMA Certificate
Questions:	468 Q&A's	Shared By:	phoenix

Question 32

Based on historical time series data, a chemicals company uses sales ($million) as the y variable and time (year) as the x variable and equation.

y = - 3935 47 + 2 02x

Using the equation, what is the company's predicted sales for the year 2020? Give your answer to the nearest million.

Options:

Discussion

Question 33

A forward exchange contract would be appropriate (or a company that

Options:

is due to receive a payment denominated in foreign currency today

is due to receive a large payment denominated in foreign currency in five months' time

is worried that its products are becoming less competitive due to a general appreciation of the domestic currency over lime

is expected to pay a substantial amount denominated in national currency to a foreign creditor m six months' time

Discussion

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Question 34

Which of the following is NOT a feature of the data?

Options:

Big data analysis requires companies to invest in specialist data analytic skills

Big data can sometimes be harvested from electronic devices such as smart meters and GPS systems

Big data is such a large volume that it cannot be analysed through spreadsheets

Big data is purposefully collected from carefully designed samples through surveys and interviews

Discussion

Question 35

Which of the following is correct regarding data?

Data can be recorded as:

(1) numbers.