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 0.450.45 and 0.550.55 (the weight of 0.550.55 is for the most recent period) = ____ miles (round your response to the nearest wholenumber).

The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.450.45 and 0.550.55 = ___ miles (round your response to one decimalplace). (Hint: You will have only 3 years of matched data.)

d) Using exponential smoothing with alpha = 0.200.20 and the forecast for year 1 being 3 comma 0003,000, the forecast for year 6 = _____ miles (round your response to the nearest whole number).

The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: a) Using a 2-year moving average, the forecast for year 6= 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.)