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Suppose a firm has had the following historic sales figures. Year: 2012 2013 2014 2015 2016 Sales $3,000,000 $3,250,000 $2,900,000 $3,500,000 $3,100,000 What would be

Suppose a firm has had the following historic sales figures. Year: 2012 2013 2014 2015 2016 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 average approach?

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