Strengths and weaknesses of the logistic function used in forecasting
Keyword(s):
This work describes strengths and weaknesses of the logistic function used in forecasting from a theoretical and a practical point of view. Theoretical topics treated are: generalizing the concept of competition, dividing the growth cycle in four "seasons", and using logistics simply qualitatively to obtain rare insights and intuitive understanding. Practical topics addresses are: determination of the uncertainties, how to decide whether to fit cumulative or per unit of time data, and how to deal with a bias toward a low ceiling.
Keyword(s):
Keyword(s):
Keyword(s):
2015 ◽
Vol 60
(4)
◽
pp. 2607-2612
◽
Keyword(s):
2019 ◽
Vol 8
(4)
◽
pp. 7695-7698
Keyword(s):
1990 ◽
Vol 22
(1-2)
◽
pp. 347-352
◽
Keyword(s):
Keyword(s):
2011 ◽
Vol 70
◽
pp. 225-230
◽
Keyword(s):