Suppose a firm has had the historical sales figures shown below. What would be the forecast for next year's sales using the naïve approach?
A) $10,000,000
B) $10,550,000
C) $10,840,000
D) $12,000,000

Question

Suppose a firm has had the historical sales figures shown below. What would be the forecast for next year's sales using the naïve approach? 
A) $10,000,000 
B) $10,550,000 
C) $10,840,000 
D) $12,000,000

Quizplus · Accepted Answer

The Answer of Suppose a firm has had the historical sales figures shown below. What would be the forecast for next year's sales using the naïve approach? 
A) $10,000,000 
B) $10,550,000 
C) $10,840,000 
D) $12,000,000

Suppose a Firm Has Had the Historical Sales Figures Shown