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Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below: Day Bicycle Victims 1 8 2 14 3 8 4 14 5 18 6 15 What is the forecast for day 4 using a 3-period moving average model? (1 mark) (Round to two decimal places). 11 What is the forecast for day 5 using a 3-period moving average model? (Round to two decimal places). 12 What is the forecast for day 6 using a 3-period moving average model? (1 mark) (Round to two decimal places).

Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below: Day Bicycle Victims 1 8 2 14 3 8 4 14 5 18 6 15 What is the forecast for day 4 using a 3-period moving average model? (1 mark) (Round to two decimal places). 11 What is the forecast for day 5 using a 3-period moving average model? (Round to two decimal places). 12 What is the forecast for day 6 using a 3-period moving average model? (1 mark) (Round to two decimal places).

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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10

Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below:

 

Day                  Bicycle Victims

1                                  8

2                                  14

3                                  8

4                                  14

5                                  18

6                                  15

  What is the forecast for day 4 using a 3-period moving average model?   (1 mark) (Round  to two decimal places).

 

11

What is the forecast for day 5 using a 3-period moving average model?   (Round  to two decimal places).

12

What is the forecast for day 6 using a 3-period moving average model?   (1 mark)  (Round  to two decimal places).

13

 

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