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Logistic Function Explained
The logistic function is a special kind of exponential function which typically models the exponential growth of a population. The logistic function also takes into account certain factors like the carrying capacity of land keeping in consideration that a definite area simply won’t reinforce unlimited growth since when one population grows, its resources reduce. So a logistic function basically puts a limit on growth. In other words, a logistic function is exponential for olden days, but the growth declines as it reaches some limit.
Interpretation of Logistic Function
Mathematically, the logistic function can be written in a number of ways that are all only moderately distinctive of each other. In this interpretation below,
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Categories: Math
