00:01
For this problem, we're going to be discussing logistic models.
00:04
And these are equations of the form p or whatever we want, equal to n divided by 1 plus a .e to the negative kt.
00:20
A lot of ways we could write it.
00:22
We could write this as a b.
00:24
That way we have the n and the b terms all in order.
00:29
And in this case, what we see is it's going to require a little bit of manipulation there's also the case where if we don't use e, we can use some other value as an exponential.
00:42
But with this, we're allowed to look at our logistic growth model and see how the function behaves when t is going to be our variable.
00:50
You see that as an increases, the function actually just gets taller.
00:54
But it is going to reach this sustained growth eventually...