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our new magazine initially sells 400 copies per month. research indicates that a vigorous advertising campaign could increase sales by 30% each month if our market were unlimited. but research also indicates that magazine sales in our area are unlikely to exceed 2000 per month. make a logistic model of projected magazine sales. (use t as your variable. round b to three decimal places.)

Respuesta :

The logistic model of the projected magazine sales is P = e¹⁰⁰⁰/1+e¹⁰⁰⁰

What is meant by logistic model?

In math, logistic model refers a statistical analysis method to predict a binary outcome, such as yes or no, based on prior observations of a data set.

Here we have given that our new magazine initially sells 400 copies per month. research indicates that a vigorous advertising campaign could increase sales by 30% each month if our market were unlimited. but research also indicates that magazine sales in our area are unlikely to exceed 2000 per month.

Here we need to make a logistic model of projected magazine sales.

As per the formula of logistic model, while we looking into the given question, we identified the values,

a = 400

x = 30% => 0.3

b = 2000

Then the logistic model of the given situation is written as,

=> P = e⁴⁰⁰⁺⁰°³ˣ²⁰⁰⁰/ 1 +  e⁴⁰⁰⁺⁰°³ˣ²⁰⁰⁰

=> P = e¹⁰⁰⁰/1+e¹⁰⁰⁰

To know more about Logistic regression here.

https://brainly.com/question/27785169

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