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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 average approach?Year

Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using the average approach?Year20172018201920202021Sales$ 50,000$ 100,000$ 110,000$ 150,000$ 165,000Multiple Choice$165,000$115,000$140,000$180,000

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