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 twoFollowing 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:

Homework: Chapter 4 Forecasting Save Score: 0 of 1 pt 8 of 15 (10 complete) HW Score: 57.33%, 8.6 of 15 pts Problem 4.14 Question Help 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: Week 1 2 3 4 Forecast Method 1 0.95 1.02 0.95 1.22 Actual Demand 0.68 0.98 1.07 1.04 Week 1 2 3 4 Forecast Method 2 0.80 1.19 0.92 1.11 Actual Demand 0.68 0.98 1.07 1.04 The MAD for Method 1 = thousand gallons (round your response to three decimal places). The mean Squared error (MSE) for Method 1 = thousand gallons (round your response to three decimal places). The MAD for Method 2 = thousand gallons (round your response to three decimal places). The mean square error (MSE) for Method 2 = decimal places). thousand gallons (round your response to three Enter your answer in the answer box and then click Check Answer. ? 3 parts Clear All Check Answer remaining

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