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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.
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 Week Method 1 Actual Demand 1 0.95 0.70 2 1.02 1.00 3 0.92 1.07 4 1.20 0.97 Forecast Week Method 2 Actual Demand 1 0.80 0.70 2 1.21 1.00 0.00 1.07 4 1.11 0.97 The MAD for Method 1-thousand gallons (round your response to three decimal places) The MAD for Method 2-thousand gations (round your response to three decimal places)
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