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A logistic function or logistic curve is a common S-shaped curve ( sigmoid curve) with the equation. where. , the value of the function's midpoint; , the supremum of the values of the function; , the logistic growth rate or steepness of the curve. [1] Standard logistic function where. For values of in the domain of real numbers from to , the S ...
The generalized logistic function or curve is an extension of the logistic or sigmoid functions. Originally developed for growth modelling, it allows for more flexible S-shaped curves. The function is sometimes named Richards's curve after F. J. Richards, who proposed the general form for the family of models in 1959.
Growth curve (statistics) Table of height and weight for boys over time. The growth curve model (also known as GMANOVA) is used to analyze data such as this, where multiple observations are made on collections of individuals over time. The growth curve model in statistics is a specific multivariate linear model, also known as GMANOVA ...
A Malthusian growth model, sometimes called a simple exponential growth model, is essentially exponential growth based on the idea of the function being proportional to the speed to which the function grows. The model is named after Thomas Robert Malthus, who wrote An Essay on the Principle of Population (1798), one of the earliest and most ...
Exponential growth bias. Studies show that human beings have difficulty understanding exponential growth. Exponential growth bias is the tendency to underestimate compound growth processes. This bias can have financial implications as well. Below are some stories that emphasize this bias. Rice on a chessboard
The Hubbert peak theory says that for any given geographical area, from an individual oil-producing region to the planet as a whole, the rate of petroleum production tends to follow a bell-shaped curve. It is one of the primary theories on peak oil . Choosing a particular curve determines a point of maximum production based on discovery rates ...
A sigmoid function is any mathematical function whose graph has a characteristic S-shaped or sigmoid curve . A common example of a sigmoid function is the logistic function shown in the first figure and defined by the formula: [1] Other standard sigmoid functions are given in the Examples section. In some fields, most notably in the context of ...
In logistic populations however, the intrinsic growth rate, also known as intrinsic rate of increase (r) is the relevant growth constant. Since generations of reproduction in a geometric population do not overlap (e.g. reproduce once a year) but do in an exponential population, geometric and exponential populations are usually considered to be ...