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.

Week,Forecast Method 1,Actual Demand 1,0.95,0.70 2,1.08,0.98 3,0.95,0.96 4,1.17,0.97

Week Forecast Method 2 Actual Demand 1 0.80 0.70 2 1.21 0.98 3 0.90 0.96 4 1.15 0.97

What are the MAD and MSE for each method?

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