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Question - The Schonlind Company has gathered information regarding past sales:
Year
Sales
1999
$300,000
2000
225,000
2001
325,000
2002
650,000
2003
540,000
2004
675,000
2005
825,000
Required: Predict the sales for 2006 using the moving average method.
NOTE: It is expected that this problem will be completed using an Excel spreadsheet using formulas.
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