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:
The MAD for Method 1 =
MSE for method 1=
MAD for method 2=
MSE For method 2=
he MAD for Method 1= thousand gallons (round your response to three decimal places)
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