Question: Homework: Mod 4 HW1 Question 10, Problem 4.5 Part 3 of 5 HW Score: 59%, 23.6 of 40 points Points: 3.2 of 8 Save The

Homework: Mod 4 HW1 Question 10, Problem 4.5 Part

Homework: Mod 4 HW1 Question 10, Problem 4.5 Part 3 of 5 HW Score: 59%, 23.6 of 40 points Points: 3.2 of 8 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: Year 1 2 3 4 5 Mileage 3,000 3,950 3,450 3,750 3,750 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 = 75 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) = miles (round your response to the nearest whole number). 6

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