Question: We Problem 4.5 Question Help The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage

We Problem 4.5 Question Help The Carbondale
We Problem 4.5 Question Help 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 3,100 3,950 3,500 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). b) If a 2-year moving average is used to make the forecast, the MAD based on this = 41.7 miles (round your response to ono 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 0.50 is for the most recent period) = miles (round your response to the nearest whole number). Enter your answer in the answer box and then click Check Answer 2 parts remaining Clear All Check Answer MacBook

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