FC.51 Madison Memorial Hopsital is considering purchasing a new ambulance. The decision will rest partly on the anticipated mileage to be driven this year (2023). The miles driven during the past eight years are as follows: Year Miles Driven 2015 2016 2017 2018 2019 2020 2021 2022 LL 3,240 1,211 3,208 3,253 2,169 2,224 1,162 1,074 Using a 4-year moving average, what would be the forecast for the miles to be driven in 2023? (Display your answer to the nearest whole number.) Number Using a 4-year weighted moving average (with last year's weight as 0.5, two years previous as 0.2; three years previous as 0.2, and four years previous as 0.1) what is the forecast for 2023? (Display your answer to the nearest whole number.) Number

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FC.51 Madison Memorial Hopsital is considering purchasing a new ambulance. The decision will rest partly on the anticipated mileage to be driven this year
(2023). The miles driven during the past eight years are as follows:
Year Miles Driven
2015
2016
2017
2018
2019
2020
2021
2022
3,240
1,211
3,208
3,253
2,169
2,224
1,162
1,074
Using a 4-year moving average, what would be the forecast for the miles to be driven in 2023? (Display your answer to the nearest whole number.)
Number
Using a 4-year weighted moving average (with last year's weight as 0.5, two years previous as 0.2; three years previous as 0.2, and four years previous
as 0.1) what is the forecast for 2023? (Display your answer to the nearest whole number.)
Number
Transcribed Image Text:FC.51 Madison Memorial Hopsital is considering purchasing a new ambulance. The decision will rest partly on the anticipated mileage to be driven this year (2023). The miles driven during the past eight years are as follows: Year Miles Driven 2015 2016 2017 2018 2019 2020 2021 2022 3,240 1,211 3,208 3,253 2,169 2,224 1,162 1,074 Using a 4-year moving average, what would be the forecast for the miles to be driven in 2023? (Display your answer to the nearest whole number.) Number Using a 4-year weighted moving average (with last year's weight as 0.5, two years previous as 0.2; three years previous as 0.2, and four years previous as 0.1) what is the forecast for 2023? (Display your answer to the nearest whole number.) Number
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