Question: only do B Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a
only do B
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 Week 1 1 2 3 4 Forecast Method 1 0.95 1.02 0.97 1.17 Actual Demand 0.70 0.98 0.96 1.00 Forecast Method 2 0.82 1.21 0.88 1.17 Actual Demand 0.70 0.98 0.96 1.00 ON 3 4 The MAD for Method 1 = 0.118 Housand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 = thousand gallons cround your response to three decimal places)
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