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:

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:

Forecasts

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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:
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week Method 1 Method 2 Actual Demand

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1 0.90 0.80 0.70

2 1.05 1.20 1.00

3 0.95 0.90 1.00

4 1.20 1.11 1.00

The MAD method 1 = ??? thousand gallons… 2. The absolute deviatin based on the forecast developed using Method 1 adds to ??? thousand gallons. Mean squared error (MSE) is the average of (actual-Forecast). from the information given in method 1 , the value of n=4. the value E(autal-forecast) will be??? thousand gallons.

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