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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:
Year
1
2
3
4
5
Mileage
3 comma 100
4 comma 000
3 comma 400
3 comma 800
3 comma 750
Part 2
a) Using a2-year moving average, the forecast for year 6=
3,775 miles (round your response to the nearest whole number).
Part 3
b) If a2-year moving average is used to make the forecast, the MAD based on this=
133.3 miles (round your response to one decimal place).(Hint: You will have only 3 years of matched data.)
Part 4
c) The forecast for year 6 using a weighted2-year moving average with weights of 0.45 and 0.55(the weight of 0.55 is for the most recent period)=
3773 miles (round your response to the nearest whole number).
Part 5
The MAD for the forecast developed using a weighted2-year moving average with weights of 0.45 and 0.55=
enter your response here miles (round your response to one decimal place).(Hint: You will have only 3 years of matched data.)

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