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Suppose a firm has had the following historic sales figures. Year: 2016 2017 Sales $3,100,000 $3,350,000 2018 $3,000,000 2019 $3,600,000 2020 $3,200,000 What would be

Suppose a firm has had the following historic sales figures. Year: 2016 2017 Sales $3,100,000 $3,350,000 2018 $3,000,000 2019 $3,600,000 2020 $3,200,000 What would be the forecast for next year's sales using the naive approach? Next year's sales

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