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Suppose a firm has had the following historic sales figures. Year: 2012 2013 2014 2015 2016 Sales $3,300,000 $4,550,000 $3,200,000 $2,800,000 $3,400,000 What would be

Suppose a firm has had the following historic sales figures.

Year: 2012 2013 2014 2015 2016
Sales $3,300,000 $4,550,000 $3,200,000 $2,800,000 $3,400,000

What would be the forecast for next years sales using the nave approach?

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