Question: Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a focal gascaine station.
Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a focal gascaine station. Asso shown are actual demand levels, in thousands of gallons: The MAD for Method 1 = thousand gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1= thousand galtons 2 (round your response to three decimal places). The MAD for Method 2 = thousand galons (round your response to three decimal places). The mean squared error (MSE) for Method 2 = thousand gallons 2 (round your response to three decimal places)
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