Question: The MAD for Method 1 = 0.145 thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 =

The MAD for Method 1 = 0.145 thousand gallons
The MAD for Method 1 = 0.145 thousand gallons
The MAD for Method 1 = 0.145 thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 = 0.028 thousand gallons? (round your response to three decimal places). The MAD for Method 2 = 0.153 thousand gallons (round your response to three decimal places) The mean squared error (MSE) for Method 2 = 0.025 thousand gallons? (round your response to three decimal places). a 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 1 2 3 4 Forecast Method 1 0.05 1.08 0.92 1.20 Actual Demand 0.68 1.06 1.07 1.04 Week 1 2 3 4 Forecast Method 2 0.82 1.21 0.90 1.15 Actual Demand 0.68 1.05 1.07 1.04

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