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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:
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 =133.3 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 0.35 and 0.65(the weight of 0.65 is for the most recent period)=3768 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 0.35 and 0.65=, miles (round your response to one decimal place).
(Hint: You will have only 3 years of matched data.)
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