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Suppose a firm has had the following historic sales figures. 2014 $3,000,000 $3,250,000 $2,900,000 $3,500,000 $3,100,000 2012 2013 2015 2016 Year: Sales What would be

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Suppose a firm has had the following historic sales figures. 2014 $3,000,000 $3,250,000 $2,900,000 $3,500,000 $3,100,000 2012 2013 2015 2016 Year: Sales What would be the forecast for next year's sales using the naive approach? Next year's sales

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