Question: Following are two weekly forecasts made by two dif - ferent methods for the number of gallons of gasoline, in thou - sands, demanded at
Following are two weekly forecasts made by two dif ferent methods for the number of gallons of gasoline, in thou sands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons.
FORECASTS
WEEK METHOD METHOD ACTUAL DEMAND
What are the MAD and MSE for each method?
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