Question: Fit a logistic model to the test data in Table 4.3 using Price, Weekend, and Potential Demand as explanatory variables. a. What are the coefficients

Fit a logistic model to the test data in Table 4.3 using Price, Weekend, and Potential Demand as explanatory variables.

a. What are the coefficients for each explanatory variable?

b. Calculate RMSE, MAPE, and weighted MAPE for the logistic model on the test data in Table 4.3. How does the fit of this model compare to the models estimated in the text and the model estimated in Exercise 1?

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