subject
Mathematics, 13.12.2019 02:31 shippo

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 mileage 1 3000 2 4000 3 3400 4 3800 5 3700 a. forecast the mileage for next year (6th year) using a 2-year moving average. b. find the mad based on the 2-year moving average. (hint: you will have only 3 years of matched data.) c. use a weighted 2-year moving average with weights of .4 and .6 to forecast next year’s mileage. (the weight of .6 is for the most recent year.) what mad results from using this approach to forecasting? (hint: you will have only 3 years of matched data.) d. compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 3,000 miles, and α = .5.

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:30, monyeemonyee12
Find the area of a parallelogram with base 15 yards and height 21 2/3
Answers: 1
image
Mathematics, 21.06.2019 19:30, Lindsay882
How long must $542 be invested at a rate of 7% to earn $303.52 in interest? in a easier way
Answers: 1
image
Mathematics, 21.06.2019 21:00, natjojo0512
Rewrite the following quadratic functions in intercept or factored form. show your work. f(x) = 3x^2 - 12
Answers: 1
image
Mathematics, 21.06.2019 21:20, rgilliam3002
Which of the following can be used to explain a statement in a geometric proof?
Answers: 2
You know the right answer?
The carbondale hospital is considering the purchase of a new ambulance. the decision will rest partl...

Questions in other subjects:

Konu
English, 17.01.2020 00:31
Konu
English, 17.01.2020 00:31