subject
Mathematics, 12.02.2020 00:02 MorgannJ

The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambulance. The decision will rest partly on the anticipated mileage" be driven next year. The miles driven during the past 5
years are as follows

Year Mileage
1 3000
2 3950
3 3450
4 3800
5 3800

a) Using a 2-year moving average, the forecast for year 6 = 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 = 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 0.450.45 and 0.550.55 (the weight of 0.550.55 is for the most recent period) = miles (round your response to the nearest wholenumber).

The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.450.45 and 0.550.55 = ___ miles (round your response to one decimalplace). (Hint: You will have only 3 years of matched data.)

d) Using exponential smoothing with alphaα = 0.200.20 and the forecast for year 1 being 3 comma 0003,000, the forecast for year 6 = miles (round your response to the nearest whole number).

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:20
Closing a credit card usually _your debt ratio.a. increasesb. decreasesc. improvesd. has no effect on
Answers: 1
question
Mathematics, 21.06.2019 20:10
Select the correct answer what is the most direct use of a compass in geometric constructions? a. to draw congruent angles b. to draw arcs of a given size c. to draw perpendicular lines d. to draw straight lines reset next next
Answers: 2
question
Mathematics, 21.06.2019 20:40
What are the values of each variable in the diagram below?
Answers: 2
question
Mathematics, 21.06.2019 22:30
Need same math paper but the back now i hope your able to read it cleary i need with hw
Answers: 1
You know the right answer?
The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is cons...
Questions
question
Business, 14.01.2021 21:40
question
History, 14.01.2021 21:40
question
Mathematics, 14.01.2021 21:40
question
Mathematics, 14.01.2021 21:40