Logistic growth and decay models
A logistic function or logistic curve is a common S-shaped curve sigmoid curve with equation
where
- , the value of the sigmoid's midpoint;
- , the curve's maximum value;
- , the logistic growth rate or steepness of the curve.
For values of in the domain of real numbers from to , the S-curve shown on the right is obtained, with the graph of approaching as approaches and approaching zero as approaches .
Resources
- Logistic Function, Wikipedia
- The Logistic Equation, OpenStax Calculus Volume 2
- Logistic growth and decay models. Written notes created by Professor Esparza, UTSA.
- Logistic growth and decay models Continued. Written notes created by Professor Esparza, UTSA.