As you can see in the following table, demand for heart transplant surgery at Washington General...

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As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years: 4 5 Year 1 2 3 Heart Transplants 48.0 50.0 53.0 56.0 58.0 The director of medical services predicted 6 years ago that demand in year 1 would be 44.0 surgeries. a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast For the forecast made using exponential smoothing with a = 0.60 and the given forecast for year 1, MAD = 1 44.0 2 46.4 3 48.6 4 5 6 51.2 54.1 56.3 surgeries (round your response to one decimal place). As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years: 4 5 Year 1 2 3 Heart Transplants 48.0 50.0 53.0 56.0 58.0 The director of medical services predicted 6 years ago that demand in year 1 would be 44.0 surgeries. a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast For the forecast made using exponential smoothing with a = 0.60 and the given forecast for year 1, MAD = 1 44.0 2 46.4 3 48.6 4 5 6 51.2 54.1 56.3 surgeries (round your response to one decimal place).

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To calculate the Mean Absolute Deviation MAD for the forecast made using exponential smooth... View the full answer