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Suppose a company has had the historic sales figures shown below. What would be the forecast for next year's sales using the average approach? Year

Suppose a company has had the historic sales figures shown below. What would be the forecast for next year's sales using the average approach?

Year

Sales

2015

$2,500,000

2016

$3,750,000

2017

$2,400,000

2018

$2,000,000

2019

$2,600,000

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