Question: ALSO ASKS FOR THESE: The mean square error for method 1 is _______ thousand gallons square. The mean absolute deviation for method 2 is _______

ALSO ASKS FOR THESE: The mean square error for

ALSO ASKS FOR THESE:

The mean square error for method 1 is _______ thousand gallons square.

The mean absolute deviation for method 2 is _______ thousand gallons.

The mean square error for method 2 is ______ thousand gallons square.

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 0.68 1.05 1.00 0.97 1 2 3 4 Forecast Method 2 0.80 1.19 0.88 1.11 Actual Demand 0.68 1.05 1.00 0.97 The MAD for Method 1 = thousand gallons (round your response to three decimal places)

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