Week - Forecast Method 1 - Forecast Method 2 - ctual Demand
1 -0.90 - 0.82 - 0.70
2 - 1.02 - 1.20 - 1.05
3 - 0.92 - 0.92 - 1.07
4 - 1.17 - 1.11 - 1.04
1) The MAD for Method 1?= ________ thousand gallons ?(round your response to three decimal? places).
The mean squared error? (MSE) for Method 1? =_________ thousand gallons squared thousand gallons 2 ?(round your response to three decimal? places).
2) The MAD for Method 2? =______ thousand gallons ?(round your response to three decimal? places).
3) The mean squared error? (MSE) for Method 2? = ______thousand gallons squared thousand gallons 2 ?(round your response to three decimal? places).