Following are two weekly forecasts made by two different methods for the number of gallons of...
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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 Forecast Week Method 1 Actual Demand 1 0.95 0.70 2 1.08 0.98 3 0.95 1.07 4 1.17 1.00 Forecast Actual Week Method 2 Demand 1 0.77 0.70 2 1.19 0.98 3 0.00 1.07. 4 1.11 1.00 The MAD for Method 1-thousand gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1 The MAD for Method 2-thousand gallons The mean squared error (MSE) for Method 2 thousand gallons (round your response to three decimal places) (round your response to three decimal places) 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 Forecast Week Method 1 Actual Demand 1 0.95 0.70 2 1.08 0.98 3 0.95 1.07 4 1.17 1.00 Forecast Actual Week Method 2 Demand 1 0.77 0.70 2 1.19 0.98 3 0.00 1.07. 4 1.11 1.00 The MAD for Method 1-thousand gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1 The MAD for Method 2-thousand gallons The mean squared error (MSE) for Method 2 thousand gallons (round your response to three decimal places) (round your response to three decimal places) thousand gallons? (round your response to three decimal places)
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