Question: Folowing are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded Week 1 2 3 4

Folowing are two weekly forecasts made by two
Folowing are two weekly forecasts made by two
Folowing are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded Week 1 2 3 4 Forecast Method 1 0.90 1.08 0.92 1.20 Actual Demand 0.70 1.05 1.00 1.00 Week 1 2 3 4 Forecast Method 2 0.82 1.21 0.90 1.17 Actual Demand 0.70 1.05 1.00 1.00 The MAD for Method 1 = 0.128 thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 = 0.022 thousand gallons (round your response to three decimal places). The MAD for Method 2 = thousand gallons (round your response to three decimal places). gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons: st 2 Actual Demand 0.70 1.05 1.00 1.00 pes) se to three decimal places). -)

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