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Chapter 4 – Gompertz Predicts the Futureby Wally Rhines on 08-02-2019 at 6:00 amCategories: Wally Rhines
In 1825, Benjamin Gompertz proposed a mathematical model for time series that looks like an “S-curve”.1 Mathematically it is a double exponential (Figure 1) where y=a(exp(b(exp(-ct)))) where t is time and a, b and c are adjustable coefficients that modulate the steepness of the S-Curve. The Gompertz Curve has been used for a … Read More