Question: Suppose that you work for a U . S . senator who is contemplating writing a bill that would put a national sales tax in

Suppose that you work for a U.S. senator who is contemplating writing a bill that would put a national sales tax in place. Because the tax would be levied on the sales revenue of retail stores, the senator has asked you to prepare a forecast of retail store sales for year 8, based on data from year 1 through year 7. The data are:Use the naive forecasting model presented in this chapter to prepare a forecast of retail store sales for each year from 2 through 8, how much is the forecast for year 8?YearRetail Store Sales11,22521,28531,35941,39251,44361,47471,467

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