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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,900,000 $ 4,150,000 $ 2,800,000 $ 2,400,000

Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,900,000 $ 4,150,000 $ 2,800,000 $ 2,400,000 $ 3,000,000 What would be the forecast for next year's sales using the nave approach? Next year's sales $

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