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Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, de
Posted: Fri Jul 01, 2022 9:09 am
by answerhappygod
- Following Are Two Weekly Forecasts Made By Two Different Methods For The Number Of Gallons Of Gasoline In Thousands De 1 (97.75 KiB) Viewed 35 times
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 1.05 0.97 1.17 Actual Demand 0.68 1.00 1.07 1.04 Week 1 2 3 4 Forecast Method 2 0.77 1.19 0.92 1.11 Actual Demand 0.68 1.00 1.07 1.04 The MAD for Method 1 = thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 = thousand gallons² (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 gallons² (round your response to three decimal places).