First, we're told to look at this formula for population growth:
N(t) = Ne^(kt)
Where N and k are positive constants. Okay, so that formula works sometimes, but overshoots as we increase year. So here's my problem:
a) A slightly more sophisticated model for population growsh is:
N(t) = Nc /(1 + e^(-bt))
for some positive constants, Nc and b
--Identify the major difference between this and the former model. What is the physical meaning of the constant, Nc?
Thanks all
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