Question: Can anyone solve the whole Problem for me? Part two of the question asks The mean squared error (MSE) for Method 1 = (How many?)
Can anyone solve the whole Problem for me?
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: The MAD for Method 1= thousand gallons (round your response to three decimal places)
Part two of the question asks The mean squared error (MSE) for Method 1 = (How many?) Thousand Gallons^2
Part three of the question asks The MAD for the Method 2 = (How many?) Thousand Gallons
Part four of the question asks The Mean Squared Error (MSE) = (How many?) Thousand Gallons^2
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