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Note the use of growth curves in forecasting market development
Author(s) -
McGowan Ian
Publication year - 1986
Publication title -
journal of forecasting
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.543
H-Index - 59
eISSN - 1099-131X
pISSN - 0277-6693
DOI - 10.1002/for.3980050107
Subject(s) - gompertz function , logistic function , logistic regression , econometrics , growth curve (statistics) , mathematics , statistics , economics
In this note the four‐parameter generalized logistic curve is introduced and some of its properties are discussed. The curve is then fitted to certain data sets. The results indicate that the generalized logistic can be a worthwhile alternative to the more familiar logistic and Gompertz curves.