Question: Following are two weekly forecasts made by two different methods for the number of gallons ofgasoline, inthousands, demanded at a local gasoline station. Also shown

Following are two weekly forecasts made by two different methods for the number of gallons ofgasoline, inthousands, demanded at a local gasoline station. Also shown are actual demandlevels, in thousands ofgallons:

Week

Forecast Method 1

Actual

Demand

1

0.85

0.68

2

1.08

0.98

3

0.92

1.07

4

1.20

1.00

Week

Forecast Method 2

Actual

Demand

1

0.77

0.68

2

1.21

0.98

3

0.92

1.07

4

1.17

1.00

The MAD for Method 1=

nothing

thousand gallons (round your response to three decimalplaces).

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