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Suppose a firm has had the following historic sales figures. Year: 2016 2017 Sales $3,800,000 $5,050,000 2018 2019 $3,700,000 $3,300,000 Next year's sales 2020 $3,900,000
Suppose a firm has had the following historic sales figures. Year: 2016 2017 Sales $3,800,000 $5,050,000 2018 2019 $3,700,000 $3,300,000 Next year's sales 2020 $3,900,000 What would be the forecast for next year's sales using the nave approach
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