A Counseling Service Records the Number of Calls to Their

question 41

Essay

A counseling service records the number of calls to their hotline for the last year. Plot the data and determine which forecasting technique would be best among a moving average, weighted moving average, exponential smoothing, and regression line.
$$\begin{array} { | l | c | } \hline { \text { Month } } & \text { Demand } \\\hline \text { Tanuary } & 111 \\\hline \text { February } & 127 \\\hline \text { March } & 146 \\\hline \text { April } & 159 \\\hline \text { May } & 165 \\\hline \text { Tune } & 165 \\\hline \text { July } & 178 \\\hline \text { August } & 182 \\\hline \text { September } & 191 \\\hline \text { October } & 208 \\\hline \text { November } & 223 \\\hline \text { December } & 228 \\\hline\end{array}$$

---

Definitions:

Entrepreneurship

The act of creating, launching, and managing a new business venture, often characterized by innovation and risk-taking.

Method

A systematic way of doing something, often involving a series of steps or actions to achieve a desired result.

Practice

The repeated exercise or application of an activity, skill, or concept to acquire or maintain proficiency in it.

Collaboration

The process of working together with one or more individuals or organizations to achieve a common goal.