Gompertz curve

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A Gompertz curve, named after Benjamin Gompertz, is a type of mathematical model for a time series, where growth is slowest at the start and end of a time period.

y(t)=ae^{be^{ct}}

where

Graphs of Gompertz curves, showing the effect of varying one of a,b,c while keeping the others constant.
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Graphs of Gompertz curves, showing the effect of varying one of a,b,c while keeping the others constant.

Examples of uses for Gompertz curves include:

  • Mobile phone uptake, where costs were initially high (so uptake was slow), followed by a period of rapid growth, followed by a slowing of uptake as saturation was reached.
  • Population in a confined space, as birth rates first increase and then slow as resource limits are reached.


[edit] See also

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