Question: The mean squared error (MSE) for Method 2 is thousand gallons (round your response to three decimal places) Following are two weekly forecasts made by

The mean squared error (MSE) for Method 2 is

The mean squared error (MSE) for Method 2 is 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 Forecast Method 1 0.85 1.02 0.92 1.22 Actual Demand 0.70 1.05 0.96 1.04 Forecast Method 2 0.80 1.19 0.88 1.15 Actual Demand 0.70 1.05 0.96 1.04 AWN The MAD for Method 1 = 1 thousand gallons (round your response to three decimal places)

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