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a As the new manager of a local fitness club, Fitness-for-Life, you have been studying the club's financial data. You would like to determine how

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a As the new manager of a local fitness club, Fitness-for-Life, you have been studying the club's financial data. You would like to determine how the club's costs behave in order to make accurate predictions for next year. Here is information from the past six months. Average operating costs per member Month Club Total Membership operating (number of costs members) July 350 $8,900 August 480 $9,800 September 500 $10,100 October 520 $10,150 November 560 $10,500 December 525 $10,200 $25.42 $20.42 $20.20 $19.52 $18.75 $19.43 OUTPUT (Regression analysis): Intercept X Variable 1 Coefficients 6235.49 7.58 Standard Error t Stat P-value 168.3444756 37.0400639 3.17217E-06 0.340975241 22.2201201 2.42842E-05 3. Can you predict the total monthly operating costs if the club has 3,000 members? Explain your answers. 97 98 3000. 6235.4 y = 28049 F = 6285.49 your head costo V=758 riable costs (por person so. = 3000 added in the equation will give you the monthly operating costs 500

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