Question: Following are two weekly forecasts made by two diferent methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station.

Following are two weekly forecasts made by two
Following are two weekly forecasts made by two diferent methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station. Also show are actual demand levels in thousands of gallons Week 1 2 3 Forecast Method 1 0.90 1.02 0.95 1.20 Actual Demand 0.70 1.05 1.07 1.00 Week 1 2 3 4 Forecast Method 2 0.82 1.20 0.92 1.17 Actual Demand 0.70 1.05 1.07 1.00 The MAD for Method 1 = thousand gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1 - thousand galona round your response to three decoral places), The MAD for Mothod 2-thousand gallons (round your response to three decimal places) The mean squard error (MSE) for Method 2-thousand gaton round your response to three decimal places) Enter your answer in each of the answer boxes

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