Question: **Please also do MSE for Method 2** Thank you! Following are two weekly forecasts made by two different methods for the number of gallons of

**Please also do MSE for Method 2** Thank you!
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 Forecast Method 1 0.90 1.05 0.95 1.20 Actual Demand 0.72 0.98 0.96 1.04 1 2 Forecast Method 2 0.82 1.19 0.88 1.15 Actual Demand 0.72 0.98 0.96 1.04 2 3 4 3 4 The MAD for Method 1 = .105 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)Step by Step Solution
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