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

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 35EQ
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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.

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