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2) General Hospital finds itself treating many car accident victims. Data from the last seven 24-hour periods is shown below: (20 min) Day Car Victims

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2) General Hospital finds itself treating many car accident victims. Data from the last seven 24-hour periods is shown below: (20 min) Day Car Victims MSE Frei= ar +(1 -u)Fo n - k a. What are the forecasts for days 4 through 7 using a 3-period moving average model? Round the forecasts to two decimal places. (5 marks) b. With a smoothing factor of 0.4, what are the exponentially smoothed forecasts for days 4 to 7? Round the forecasts to two decimal places. (7 marks) c. Compare the MSE for the 3-period moving average forecasts for days 4 through 6 to the MSE for the exponential smoothing forecasts for days 4 to 6. (8 marks)

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