Question: QUESTION 17. PART 1-4. A) The MAD for Method 1 = ____ thousand gallons (round upur response to three decimal places). B) The mean squared

QUESTION 17. PART 1-4.

A) The MAD for Method 1 = ____ thousand gallons (round upur response to three decimal places).

B) The mean squared error (MSE) for Method 1 = ____ thousand gallons^2 ( round your response to three decimal places).

C) The MAD for Method 2 = ____ thousand gallons ( round your response to three decimal places).

D) The mean squared error (MSE) for Method 2 = ______ thousand gallons^2 ( round your response to three decimal places).

QUESTION 17. PART 1-4. A) The MAD for Method 1 =

Homework: Chapter 4 Homework Question 17, Problem 4.14 Part 1 of 4 HW Score: 45.4%, 64.46 of 142 points Points: 0 of 8 Save 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 Forecast Method 1 Actual Demand Forecast Method 2 Actual Demand. Week Week 1 0.95 0.70 1 0.80 0.70 2 1.02 1.05 2 1.19 1.05 0.92 3 0.96 0.88 3 0.96 4 1:20 0.97 1.15 4 0.97 The MAD for Method 1 = thousand gallons (round your response to three decimal places)

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