Question: The US Census Bureau publishes data on factory orders for all manufacturing durable goods, and nondurable goods industries . Data shown here are the factory

The US Census Bureau publishes data on factory orders for all manufacturing durable goods, and nondurable goods industries . Data shown here are the factory orders in the united states over last 6 years.

year

Factory order ($100billion)

1

26

2

28

3

30

4

26

5

29

6

34

Question: What would be the forecast for period 5 when Using Nave forecast method ? Write only forecast value with maximum 2 decimal points

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