Question: Problem 4.14 Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands demanded at a local

Problem 4.14 Following are two weekly forecasts
Problem 4.14 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 gatos Week 1 2 Forecast Method 1 0.90 100 0.95 1 17 Actual Demand 0.68 098 0.96 104 Week 1 2 Forecast Method 2 0 82 1.20 0.92 115 Actual Demand 068 0.98 096 1.04 4 4 The MAD for Method 1 = 0 11 thousand gallons (round your response to three decimal places)

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