12

% Problem 4.14 Question Help Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons: Week Week 1 2 3 4 Forecast Method 1 0.95 1.02 0.97 1.20 Actual Demand 0.72 0.98 0.96 1.00 Forecast Method 2 0.77 1.19 0.88 1.17 Actual Demand 0.72 0.98 0.96 1.00 AWN 2 3 4 The MAD for Method 1 = 12 thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 = thousand gallons (round your response to three decimal places)