Question: please help abswer thess MAD for method 1? MAD for method 2? the mean squared error for Method 2? Following are two weekly forecasts made
please help abswer thess
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 1 085 108 0.92 1.17 Actual Demand 0.68 105 0.96 0.97 2 3 4 Forecast Method 2 0.80 120 0.92 1.11 Actual Demand 0.68 105 0.96 0.97 2 3 4 The MAD for Method 1- 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) The MAD for Method 2 -thousand gallons (round your response to three decimal places) The mean squired error (MSE) for Method 2 - thousand galong? (round your response to three decimal places) MAD for method 1?
MAD for method 2?
the mean squared error for Method 2?
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