Provide an Appropriate Response $f ( x ) = \frac { a } { 1 + b e ^ { - k x } }$

question 142

Essay

Provide an appropriate response.
-Give an example of a situation in which a logistic funct $f ( x ) = \frac { a } { 1 + b e ^ { - k x } }$ would be a more appropriate model
than an exponential function f(x) $f ( x ) = a e ^ { k x }$ . Explain why you think the logistic model would be more appropriate.

---

Definitions:

Predictive Analytics

The use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data.

Digital Realm

Pertains to the virtual environment created by digital technologies, encompassing all digital devices, internet services, and digital communication platforms.

Data

refers to facts, figures, or information collected for reference, analysis, or computing, often used to inform decisions or understand trends.

Domain Name

An identification string that defines a realm of administrative autonomy, authority, or control within the Internet, used to access websites.