Table 11.11 gives the percentage, P, of households witha DVD player as a function of
Chapter 11, Problem 44(choose chapter or problem)
Table 11.11 gives the percentage, P, of households witha DVD player as a function of year.(a) Explain why a logistic model is a reasonable one tofit to this data.(b) Use the data to estimate the point of inflection of P.What limiting value L does this point of inflectionpredict?(c) The best logistic equation for this data, using t asyears since 1997, turns out to beP = 86.3951 + 72.884.75e0.786t .What limiting value does this model predict?
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