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Suppose a firm has had the following historic sales figures. Year: 2 0 1 6 2 0 1 7 2 0 1 8 2 0

Suppose a firm has had the following historic sales figures.
Year: 20162017201820192020
Sales $3,100,000 $3,350,000 $3,000,000 $3,600,000 $3,200,000
What would be the forecast for next years sales using the nave approach?

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