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. What is the MAD for each method? Provide your answer with 3 decimal points. Method 1: Method 2: Week 1 3 4 N Forecast Method 1 0.9 1,05 0.95 1.20 Method 2 0.8 1.2 0.9 1.11 Actual Demand 0.7 1 1 1
 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 of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons. What is the MAD for each method? Provide your answer with 3 decimal points. Method 1: Method 2

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