“The Malaysian economy expanded strongly by 5.9% during the fourth quarter of 2017 (Q4 2016: 4.5%). Growth was supported by domestic demand, particularly private sector spending. On the supply side, all sectors registered a positive growth except mining and quarrying. For the year, the economy grew 5.9% (2016: 4.2%), surpassing the earlier estimation of 5.2% – 5.7%.
Based on the above statement:
- explain the factors that have influenced the economic direction of Malaysia;
- analyse the policies adopted by the Malaysian government to achieve the above growth rate.
A mail-order company recorded the quarterly turnover (in millions of Rands) over the past four years. The sales data is shown in the table below-
|Quarter||Year 1||Year 2||Year 3||Year 4|
|Jan – Mar||110||112||102||124|
|Apr – Jun||120||128||140||150|
|Jul – Sep||192||180||200||206|
|Aug – Dec||114||162||180||166|
Using the ratio to moving average and linear regression, predict the sales volume for each quarter of year 5. assume that cyclical and random factors do not contribute significantly to the time series. Show details of all calculations
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