Question: 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.
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 ed Week 1 2 3 4 Forecast Method 1 0.85 1.08 0.95 1.22 Actual Demand 0.72 1.00 0.96 0.97 Week 1 2 3 4 Forecast Method 2 0.80 1.19 0.88 1.15 Actual Demand 0.72 1.00 0.96 0.97 CIAO ATIO e: The MAD for Method 1 - 45 thousand gallons (round your response to three decimal places) and e
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