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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 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:
\table[[Year,1,2,3,4,5],[Mileage,3,100,4,000,3,450,3,850,3,700]]
a) Using a 2-year moving average, the forecast for year 6=3775 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 =91.7 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)=3760 miles (round your response to the nearest whole number).
The MAD for the forecast developed using a weighted 2-y ear 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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