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Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 2,300,000 $ 2,550,000 $ 2,200,000 $ 2,800,000
| Suppose a firm has had the following historic sales figures. |
| Year: | 2009 | 2010 | 2011 | 2012 | 2013 | ||||||||||
| Sales | $ | 2,300,000 | $ | 2,550,000 | $ | 2,200,000 | $ | 2,800,000 | $ | 2,400,000 | |||||
| What would be the forecast for next years sales using the average approach? |
| Next years sales | $ |
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