Question: clear steps to solve 2nd part for part C. thank you! The Carbondale Hospital is considering the purchase of a new ambulance. The decision will

clear steps to solve 2nd part for part C. thank you!
clear steps to solve 2nd part for part C. thank
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: 1 2 3 4 5 Year Mileage 3,000 4,050 3,500 3,750 3,700 a) Using a 2-year moving average, the forecast for year 6 = 3725 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 = 41.7 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 0.40 and 0.60 (the weight of 0.60 is for the most recent period)= 3720 miles (round your response to the nearest whole number). The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.40 and 0.60 = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)

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