Question: Following are two weekly forecasts made by two different methods for the number of galions 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 galions 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 0.85 1.08 0.92 1.22 Actual Demand 0.72 1.00 1.00 1.00 Week 1 2 Forecast Method 2 0.80 1.19 0.90 1.11 Actual Demand 0.72 1.00 1.00 100 4 The MAD for Method 1- thousand gallons (round your response to the decimal places) The mean squared error (MBE) for Method 1 thousand gations fround your response to the decimal places). The MAD for Method 2 thousand galona (round your response to live decimal places). The mean squared error (MSE) for Method thousand gallons round your response to live decimal places)

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