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i really need help on this last part i keep geting 33.3 which is incorrect. pla help The Carbondale Hospital is considering the purchase of
i really need help on this last part i keep geting 33.3 which is incorrect. pla 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: 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 = decimal place). (Hint: You will have only 3 years of matched data.) miles (round your response to one c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.45 and 0.55 (the weight of 0.55 is for the most recent period) =3,745 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 0.45 and 0.55= response to one decimal place). (Hint: You will have only 3 years of matched data.) Step by Step Solution
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