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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 3,700,000 $ 4,950,000 $ 3,600,000 $ 3,200,000

Suppose a firm has had the following historic sales figures.
Year: 2009 2010 2011 2012 2013
Sales $ 3,700,000 $ 4,950,000 $ 3,600,000 $ 3,200,000 $ 3,800,000
What would be the forecast for next years sales using the nave approach?
Next years sales $

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