Question & Answer: Following are two weekly forecasts made by two different methods for the number of gallons of​ gasoline, in…

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:

Question & Answer: Following are two weekly forecasts made by two different methods for the number of gallons of​ gasoline, in... 1

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).

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Question & Answer: Following are two weekly forecasts made by two different methods for the number of gallons of​ gasoline, in... 2

Question & Answer: Following are two weekly forecasts made by two different methods for the number of gallons of​ gasoline, in... 3

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