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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 years are as follows:
Year
Mileage
comma
comma
comma
comma
comma
Part
a Using ayear moving average, the forecast for year
miles round your response to the nearest whole number
Part
b If ayear moving average is used to make the forecast, the MAD based on this
miles round your response to one decimal placeHint: You will have only years of matched data.
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