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

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

a) Using a 2-year moving average, the forecast for year 6= miles (round your response to the nearest whole number). If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round your response to two decimal places). The MSE for the forecast based on a 2-year moving average = (round your response to the nearest integer). The MAPE for the forecast based on a 2-year moving average = (round your response fo four decimal places). 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 two decimal places). c) According to the MAD you have calculated in part a) and part b), which model performs better? A. the weighted 2-year moving average model B. the 2-year moving average model d) Using exponential smoothing with =0.50 and the forecast for year 1 being 3,100 , the forecast for year 6= miles (round your response to the nearest whole number)

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