Question: a) The MAD for Method 1 = ____ Thousand gallons (round your response to the three decimal places). B) The mean squared error (MSE) for
a) The MAD for Method 1 = ____ Thousand gallons (round your response to the three decimal places).
Homework: Chapter 4 Homework Question 17, Problem 4.14 Part 1 of 4 HW Score: 68.28%, 96.96 of 142 points Points: 6 of 8 Save 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 Forecast Method 1 Actual Demand Week Forecast Method 2 Actual Demand Week 1 0.90 0.68 1 0.80 0.68 2 1.02 1.05 2 1.21 1.05 0.97 0.96 3 0.92 0.96 ed: 1.22 1.00 4 1.17 1.00 ||| 3 4 B) The mean squared error (MSE) for Method 1 = ____ thousand gallons ^ 2 (round upur response to three decimal places).
C) The MAD FOR Method 2 = ____ thousand gallons ( round your response to three decimal places).
D) The mean squared error (MSE) for Method 2 = ____ thousand gallons ^2 (round ypur response to three decimal places).
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