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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,300,000 $ 2,550,000 $ 2,200,000 $ 2,800,000

Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,300,000 $ 2,550,000 $ 2,200,000 $ 2,800,000 $ 2,400,000 What would be the forecast for next year's sales using the average approach? Next year's sales $

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