What are the uses of logistic curve in the population projection?

Question

What are the uses of logistic curve in the population projection?

Answer 1

The logistic curve shows an increase at an increasing rate, then increase at a decreasing rate as it approaches the limit; this is how populations grow: faster and faster when resources are plentiful, then more slowly as resources become more scarce. The limit of the logistic function is considered the maximum possible population.