TO BE RETURNED AT THE END OF THE EXAMINATION.
THIS PAPER MUST NOT BE REMOVED FROM THE EXAM CENTRE.
STUDENT NAME:
________________________
STUDENT NUMBER: _______________________
LECTURER’S NAME:
____________________
LECTURE DAY & TIME:
_________________
_____________________________________________________________________
MID-SEMESTER EXAM
SPRING SEMESTER 2013
SUBJECT NAME
: Financial Modelling and Forecasting
SUBJECT NO.
: 25705
DAY/DATE
: Monday 23 September 2013
TIME ALLOWED : 10 minutes reading time followed by 90 minutes exam time
START/END TIME : 6:00PM/7:40PM
NOTES/INSTRUCTIONS TO CANDIDATES:
1.
Write your details at the top of this exam paper.
2.
All questions are compulsory.
3.
The paper is marked out of 25.
Part A: 10 multiple-choice questions each worth 1 mark.
Part B: 4 short answer questions worth a total of 15 marks.
4.
Use a pencil to indicate your answers to Part A on the ‘General Purpose
Answer Sheet.’ Ensure you correctly enter your name and student number on this sheet. Neatly write your answers to Part B in the space provided on the exam paper. Show all workings.
5.
Financial calculators are allowed.
6.
A formula sheet and statistical tables are attached to the rear pages of this exam paper.
Page 1
PART A: MULTIPLE CHOICE QUESTIONS (10 MARKS)
Indicate your answers using a pencil on the ‘General Purpose Answer Sheet.’
1. Which one of the following is not affected by outliers?
a) mean
b) standard deviation
c) correlation coefficient
d) median
e) least-squares regression line
2. The sales of a product over an 8-month period are shown below:
Year
Sales
Jan
63
Feb Mar Apr May Jun
72 81
83 80
89
Jul
85
Aug
98
What is the five-month moving average sales forecast for July?
a)
b)
c)
d)
e)
75.8
78
81
81.375
87
3. You are performing a hypothesis test to determine if the mean weekly rental expense is different from $640 and