Question: Please show all steps and formulas thoroughly and please answer all, it is all part of ONE question Year 1 2 3 4 5 Mileage

Please show all steps and formulas thoroughly and please answer all, it is all part of ONE question

Year 1 2 3 4 5 Mileage 3,000 3,950 3,450 3,850 3,750

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).

c) The forecast for year 6 using a weighted 2-year moving average with weights of .45 and .55(the weight of .55 is for the most recent period) = ???? enter your response here 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 .45 and .55 = ??? enter your response here miles (round your response to one decimal place).

d) Using exponential smoothing with = and the forecast for year 1 being 3,000, the forecast for year 6 = ???? enter your response here miles (round your response to the nearest whole number).

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