Question: Question list Question 10 Question 11 Question 12 Question 13 Question 14 will rest partly on the anticipated mileage to be driven next year. The

 Question list Question 10 Question 11 Question 12 Question 13 Question

Question list Question 10 Question 11 Question 12 Question 13 Question 14 will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: a) Using a 2-year moving average, the forecast for year 6= 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 =117 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 0.40 and 0.60 (the weight of 0.60 is for the most recent period) =3,740 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 0.40 and 0.60= miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)

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