Question: = Homework: Homework 2 Question 2, Problem 4.5 Part 4 of 5 > HW Score: 62%, 6.2 of 10 points Points: 1.2 of 3 Save

= Homework: Homework 2 Question 2, Problem 4.5

= Homework: Homework 2 Question 2, Problem 4.5 Part 4 of 5 > HW Score: 62%, 6.2 of 10 points Points: 1.2 of 3 Save 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 4 Year Mileage 2 3,950 3 3,450 5 3,800 3,050 3,750 a) Using a 2-year moving average, the forecast for year 6 = 3775 miles (round your response to the nearest whole number). = 2, b) If a 2-year moving average is used to make the forecast, the MAD based on this = 100.0 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 0.45 and 0.55 (the weight of 0.55 is for the most recent period) = 3777 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 0.45 and 0.55 = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)

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