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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 3,000,000 $ 3,250,000 $ 2,900,000 $ 3,500,000
| Suppose a firm has had the following historic sales figures. |
| Year: | 2009 | 2010 | 2011 | 2012 | 2013 | ||||||||||
| Sales | $ | 3,000,000 | $ | 3,250,000 | $ | 2,900,000 | $ | 3,500,000 | $ | 3,100,000 | |||||
| What would be the forecast for next years sales using the nave approach? |
| Next years sales | $ |
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