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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,800,000 $ 3,050,000 $ 2,700,000 $ 3,300,000

Suppose a firm has had the following historic sales figures.
Year: 2009 2010 2011 2012 2013
Sales $ 2,800,000 $ 3,050,000 $ 2,700,000 $ 3,300,000 $ 2,900,000

What would be the forecast for next years sales using the average approach?
Next years sales $

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