Question: If a 2-year moving average is used to make the forecast, the MAD based on this = ___ miles (round your response to one decimal

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.)If a 2-year moving average is used to make the

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 4,000 3,400 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). miles (round your response to one decimal place). (Hint: You will have b) If a 2-year moving average is used to make the forecast, the MAD based on this = only 3 years of matched data.)

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