The MAD for Method 1? =
The mean squared error? (MSE) for Method 1? =
The MAD for Method 2? =
The mean squared error? (MSE) for Method 2? =
Show transcribed image text 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: Actual Demand 0.70 1.05 0.96 0.97 Forecast Method2 0.82 1.21 0.92 1.17 Actual Demand 0.70 1.05 0.96 0.97 Forecast WeekMethod 1 Week 0.85 1.02 0.97 1.17 2 2 4 4
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: Actual Demand 0.70 1.05 0.96 0.97 Forecast Method2 0.82 1.21 0.92 1.17 Actual Demand 0.70 1.05 0.96 0.97 Forecast WeekMethod 1 Week 0.85 1.02 0.97 1.17 2 2 4 4
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