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(Solved):   4). Following are two weekly forecasts made by two different methods for the number of gal ...



4). Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, dem

 

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. What are the MAD and MSE for each method? Which method is better? why


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Method 1 week Method 1 Actual Demand Error(
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