Question
Hi. I have a mini project in BTM200 where i'm given the job to make a data supported decision. A fitness centre wants to expand
Hi. I have a mini project in BTM200 where i'm given the job to make a data supported decision. A fitness centre wants to expand in more countries but wants me to predict the average cost per month during the year to better predict next year's costs.
It says the cost of the equipment mantience over time needs to be determined and it's suggested to use a linear equation for the equipment maintence costs.
Im given two charts of data. One from 2016 and one from 2017 with the months, maintenance service hours and equipment maintenance costs.
I found the slope, intercept and RSQ for both data sets but i have no idea what i'm supposed to be doing ? Do i compare them? like i don't even know what i'm looking for. please help
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