An intensive care unit manager would like to forecast the number of inpatient admissions for the next year. Inpatient admissions for the unit over the past 10 years are shown in the following table.
|
year |
3 month moving average |
admissions |
|
1 |
260 |
|
|
2 |
310 |
|
|
3 |
350 |
|
|
4 |
405 |
|
|
5 |
448 |
|
|
6 |
490 |
|
|
7 |
460 |
|
|
8 |
469 |
|
|
9 |
472 |
|
|
10 |
456 |
Prepare a forecast for admissions for years 5 through 10 by using a three-month moving average method. What is the forecast for year 11?
