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Suppose a firm has had the following historic sales figures. Year: Sales 2016 $3,500,000 2017 $3,750,000 2018 $3,400,000 2019 $4,000,000 2020 $3,600,000 What would

Suppose a firm has had the following historic sales figures. Year: Sales 2016 $3,500,000 2017 $3,750,000 2018 $3,400,000 2019 $4,000,000 2020 $3,600,000 What would be the forecast for next year's sales using the nave approach? Next year's sales

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