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4 questions Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a local
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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: The MAD tor Method 1 : thousand gallons (round your response to three decimal places). The MAD for Method 1= thousands gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1= thousands gallons s2 (round your response to three decimal places) The MAD for method 2= thousands gallons (round your response to three decimal places) The mean squared error (MSE) for Method 2= thousands gallons^ 2 (round your response to three decimal places) Step by Step Solution
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