Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, de
Posted: Sun May 08, 2022 7:55 pm
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 1 2 3 4 Forecast Method 1 0.95 1.08 0.95 1.20 Actual Demand 0.68 1.00 0.96 0.97 Week 1 2 3 4 Forecast Method 2 0.77 1.21 0.92 1.17 Actual Demand 0.68 1.00 0.96 0.97 ا ل ظ The MAD for Method 1 = thousand gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1 = thousand gallons? (round your response to three decimal places). The MAD for Method 2-thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 2 = thousand gallons (round your response to three decimal places),