Problems: 4.5: 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 3,000
2 4,000
3 3,400
4 3,800
5 3,700
a) Forecast the mileage for next year using a
2-year moving average.
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