Question: a) Using a 2-year moving average, the forecast for year 6=3750 miles (round your response to the nearest whole number). b) If a 2-year moving

a) Using a 2-year moving average, the forecast

a) Using a 2-year moving average, the forecast for year 6=3750 miles (round your response to the nearest whole number). b) If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.35 and 0.65 (the weight of 0.65 is for the most recent period) =3,750 miles (round your response to th nearest whole number). The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.35 and 0.65= miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) d) Using exponential smoothing with =0.30 and the forecast for year 1 being 3,050 , the forecast for year 6=3,569 miles (round your response to the nearest whole number)

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