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the MAD for the forecast developed using a weighted to your moving average with weights of 0.45 and 0.55 History Bookmarks Window Help Q 8
the MAD for the forecast developed using a weighted to your moving average with weights of 0.45 and 0.55
History Bookmarks Window Help Q 8 Thu Nov 3 8:0 mylab.pearson.com C + Content P Do Homework - Chapter 4 Homework How To... Perform Simple Linear Regression i.. on Management (2) Claude Harrell 11/03/22 8:05 PM Question 7, Problem 4.5 omework HW Score: 30.18%, 22.93 of 76 points Part 4 of 5 O Points: 0 of 5 Save 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 mi driven during the past 5 years are as follows: Year 3 5 Mileage 3,000 4,000 3,400 3,800 3,700 a) Using a 2-year moving average, the forecast for year 6 = 3750 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 = 100 miles (round your response to one decimal place). (Hint: You will only 3 years of matched data.) 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) = 3745 m (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 = | miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) or Ask my instructor Clear all Check a NOV 10 3 NMA A F10 F4 F8 F9 F5 F6 F7 LA % A & O 5 6 7 8 Y U O PStep by Step Solution
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