Question: The MAD for Method 1 = 0.138 thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 =

The MAD for Method 1 = 0.138 thousand gallonsThe MAD for Method 1 = 0.138 thousand gallons

The MAD for Method 1 = 0.138 thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 = 0.027' thousand gallons? (round your response to three decimal places). The MAD for Method 2 = 0.143" thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 2 = thousand gallons? (round your response to three decimal places). 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 2 3 4 Forecast Method 1 0.95 1.02 0.97 1.17 Actual Demand 0.72 1.00 0.96 1.04 1 2 3 4 Forecast Method 2 0.80 1.20 0.90 Actual Demand 0.72 1.00 0.96 1.17 1.04

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