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Suppose a Firm Has Had the Historical Sales Figures Shown

question 32

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Suppose a firm has had the historical sales figures shown as follows. What would be the forecast for next year's sales using the average approach if it is determined that none of the years are "stale"?
 Year 20132014201520162017 Sales $1,600,000$1,500,000$1,700,000$1,700,0001,800,000\begin{array} { c c c c c c c } \text { Year } & 2013 & 2014 & 2015 & 2016 & 2017 \\\text { Sales } & \$ 1,600,000 & \$ 1,500,000 & \$ 1,700,000 & \$ 1,700,000 & 1,800,000\end{array}


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JavaBean Model

A reusable software component model in Java that allows the creation and manipulation of reusable components.

Components

In computing, components are reusable software or hardware parts that can be integrated to form a more complex system.

Enterprise JavaBeans

A managed, server-side component architecture for modular construction of enterprise applications.

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An endpoint for communication between two machines.

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