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

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

Yedr. 2009 2010 2011 2012 2013 Sales S$2,500,000 S3,750,000 $2,400,000 $2,000,000 S2,600,000

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