1. On the basis of the data in the spreadsheet, find a two-parameter logistic model that best estimates the probability of winning each bid as a function of the discount from list price assuming that a single price per unit will be offered for each bid. The model you are tting is p(p) = 1/(1+exp(a +bp)), where p is the probability of winning the bid and a and b are the parameters to be estimated. p is the price that Fjord bid on a deal expressed as a fraction of the MSRP of $25,000