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Suppose a firm has had the following historic sales figures. year: 2012 2013 2014 2015 2016 Sales: $2,900,000 $3,150,000 $2,800,000 $3,400,000 $3,000,0000 What would be

Suppose a firm has had the following historic sales figures. year: 2012 2013 2014 2015 2016 Sales: $2,900,000 $3,150,000 $2,800,000 $3,400,000 $3,000,0000 What would be the forecast for the next year's sales using the naive approach?

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