Question: ch. 4 - 18 Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at

ch. 4 - 18

ch. 4 - 18 Following are two weekly forecasts

ch. 4 - 18 Following are two weekly forecasts

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 Forecast Method 2 Actual Demand Week Week 1 2 1 2 0.90 1.02 0.97 1.20 0.68 1.05 1.07 1.04 0.82 1.21 0.92 1.15 0.68 1.05 1.07 1.04 3 3 4 4 The MAD for Method 1 = thousand gallons (round your response to three decimal places). 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 places) The MAD for method 2= _thousands gallons (round your response to three decimal places) The mean squared error (MSE) for Method 2= thousands gallons^2 (round your response to three decimal places)

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