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

Following are two weekly forecasts made by two
Following are two weekly forecasts made by two different methods for the number of gatons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons Forecast Method 1 0:65 Actual Demand 072 Week 1 Actual Demand Week Forecast Method 2 0.02 1 0.72 2 1.05 100 2 1.19 1.00 3 1.00 0.97 3 1.00 0.92 A 1.11 1.04 1.04 1:20 The MAD for Method 1 thousand gallons (ound your response to three decimal places) The mean squared enor (MSE) for Method 1 thousand gations" (round your response to three decimal places) The MAD for Method 2- thousand galions (round your response to three decimal places) The mean squared error (MSE) for Method 2 thousand gallons round your response to three decimal places)

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