Following are two weekly forecasts made by two different methods for the number of gatons of gasoline, in thousands, dem

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Following Are Two Weekly Forecasts Made By Two Different Methods For The Number Of Gatons Of Gasoline In Thousands Dem 1 (15.26 KiB) Viewed 14 times

Following are two weekly forecasts made by two different methods for the number of gatons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons Forecast Method 1 0:65 Actual Demand 072 Week 1 Actual Demand Week Forecast Method 2 0.02 1 0.72 2 1.05 100 2 1.19 1.00 3 1.00 0.97 3 1.00 0.92 A 1.11 1.04 1.04 1:20 The MAD for Method 1 thousand gallons (ound your response to three decimal places) The mean squared enor (MSE) for Method 1 thousand gations" (round your response to three decimal places) The MAD for Method 2- thousand galions (round your response to three decimal places) The mean squared error (MSE) for Method 2 thousand gallons round your response to three decimal places)