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Problem Statement: BoomBikes has suffered dip in therire revinues due to the Pandamic. So decided to come up with mindful businees plan to be able to accelerate its revenue as soon as the ongoing lockdown comes to an end. They have contracted a consulting company to understand the factors on which the demand for these shared bikes depends. Specifically, they want to understand the factors affecting the demand for these shared bikes in the American market. The company wants to know: Factors: Which variables are significant in predicting the demand for shared bikes. How well those variables describe the bike demands Business Goal: You are required to model the demand for shared bikes with the available independent variables. It will be used by the management to understand how exactly the demands vary with different features. They can accordingly manipulate the business strategy to meet the demand levels and meet the customer's expectations. Further, the model will be a good way for management to understand the demand dynamics of a new market. Conclustion Boom bikes booking depends on variables year, holiday, temp, spring, summer, winter, july, sep, lightSnow, mist.
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