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

 Following are two weekly forecasts made by two different methods for

Following are two weekly forecasts made by two different methods for the number of gallons ofgasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels. in thousands of gallons E1 E1 Forecast Actual Forecast Actual Week Method 1 Demand Week Method 2 Demand 1 0.95 0.70 1 0.77 0.70 2 1.03 1.00 2 1.20 1.00 3 0.95 1.00 3 0.88 1.00 :1 1 20 1 00 4 1.17 1 00 The MAD for Method 1 = thousand gallons {round your response to three decr'malplaces). The mean squared error [MSE] for Method 1 = thousand gallons2 (round your response to three decimal places}. The MAD for Method 2 = thousand gallons {round your response to three deor'malplaces}. The mean squared error (MSE) for Method 2 = thousand gallons2 {round your response to three decimal places)

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