Chapter 3: Problem 9
The general logistic growth equation is $$ f(t)=\frac{C}{1+A e^{-k t}} $$ (a) Let \(A=50\) and \(k=0.1\). Graph the logistic curves with \(C=100, C=500\), and \(C=1000\) on a single set of axes. Include a legend. What does \(C\) represent? (b) Now, let \(A=50\) and \(C=100\). Graph the curves with \(k=0.1, k=0.4,\) and \(k=1\). How does the parameter \(k\) affect the shape of the curve? (c) Notice that in each case, the curve has a single inflection point. Find its coordinates, in terms of the parameters \(A, C,\) and \(k,\) using symbolic operations.
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.