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Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using the nave approach

Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using the nave approach?

Year

2013

2014

2015

2016

2017

Sales

$

1,000,000

$

2,000,000

$

1,700,000

$

1,800,000

$

2,200,000

A.

$1,000,000

B.

$2,200,000

C.

$1,740,000

D.

$1,925,000

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