Question: Please answer the last row: The MAD for the forecast developed using a weighted 2-year moving average with weights The Carbondale Hospital is considering

Please answer the last row:

"Please answer the last row: " The MAD for theThe MAD for the forecast developed using a weighted 2-year moving average with weights"

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 3 4 Year Mileage 2 3,950 5 3,800 3,050 3,450 3,750 a) Using a 2-year moving average, the forecast for year 6 = 3775 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 = 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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