Homework:Homework: Chapter 4

Question 3, Problem 4.5

Part 2 of 5

HW Score: 57.33%, 2.87 of 5 points

Points: 0.2 of 1

Save

Question content area

Part 1

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	3,050	4,050	3,400	3,750	3,800

Part 2

a) Using a 2-year moving average, the forecast for year 6 =

37753775

miles (round your response to the nearest whole number).

Part 3

b) If a 2-year moving average is used to make the forecast, the MAD based on this =

enter your response here

miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)