Question: Can you help me on this question #6 please Question 6 1 pts Following are two weekly forecasts made by two different methods for the

Can you help me on this question #6 please

Question 6 1 pts 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. What is the MAD for each method? Provide your answer with 3 decimal points. Method 1: Method 2: Forecast Week Method 1 Method 2 Actual Demand 1 0.9 0.8 0.7 2 1.05 1.2 1 3 0.95 0.9 1 4 1.20 1.11 1 2 000 000 F4 F6 # $ % 1 &

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Please answer asap! Thank you! 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...

Part 1 of 4 Points: 0 of 1 Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month Month January February March April May...

OSCM 3321 - 2021 Fall 005 Bryanna Martinez & 09/15/219:38 PM Part 2 of 4 Question 8, Problem 4.14 HW Score: 38.89%, 4.67 of 12 points Homework: Cha... Points: 0 of 1 Save Following are two weekly...

38.89%, 4.67 of 12 points Homework: Cha... Part 3 of 4 Points: 0 of 1 Save Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands,...

What is the MAD for method 1&2? What is the MSE for Method 1& 2? ? Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a...

11 of 13 (1 complete) This Quiz: 100 pts possible Ponential This Question: 12 pts tinue wit A Question Help Following are two weekly forecasts made by two different methods for the number of gallons...

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...

Homewon ci pter 4 Forecasting Save Score: 0 of 1 pt 3 of 15 (7 complete) HW Score: 37.33%, 5.6 of 15 pts Problem 4.1 Question Help The following table gives the number of pints of type A blood used...

how is rhe MSE found for this question given the MAD is .150? Problem 4.14 Question Help Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in...

The MAD for Method 1=______thousands gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1=______thousands gallons^2(round your response to three decimal...

What are the differences among markup pricing, pricing by breakeven analysis, and competition-based pricing?

Carry out the analysis of degrees of freedom and make a table of flows and compositions for each exercise 4.33. A stream containing 5.15 wt% chromium, Cr, is contained in the wastewater from a metal...

answer this Week 2 Quiz 0:21:10 remaining Week 2 Quiz Question 14 (2 points) What does Brian Little suggest about personality traits? O They are our destiny They offer many degrees of freedom to...

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...