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
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 vein, in thousand of galone Week Week 1 2 3 4 Forecast Method 1 0.95 1,05 0.90 1.20 Actual Demand 0.70 1.05 1.01 1.00 Forecast Method 2 0.77 1.21 0.92 Actual Demand 0.70 1.05 1.07 1.00 2 3 The MAD for Method 1 = 0.150 thousand galon fround your response to me decimal places). The mean squared error (ME) for Method 1.000 thousand qilona fround your response to the demo The MAD for Metod 2 = 0.423 thousand gain fround your response to three decimal place! The mean squared error (MS) for Method - thousand gafons (round your response to three decimal places

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