Chapter 5.1, Problem 5E

Special Rounding Instructions When you perform logistic regression, round the r value to three decimal places and the other parameters to two decimal places. Round all answers to two decimal places unless other-wise indicated.

Magazine Sales Our new magazine initially sells $300$ copies per month. Research indicates that a vigorous advertising campaign could increase sales by $20\%$ each month if our market were unlimited. But research also indicates that magazine sales in our area are unlikely to exceed $1200$ per month. Make a logistic model of projected magazine sales.