Mathematics · Time Series Analysis
Using usual notations, the logistic curve that is known as Pearl-Reed curve and used as a measurement of the secular trend is given by:
- 1yt = a × k1 + exp(a + bt), b < 0
- 2yt = b × k1 + exp(a + bt), b < 0
- 3yt = 1 + exp(a + bt)k, b < 0
- 4yt = k1 + exp(a + bt), b < 0✓
Correct answer
yt = k1 + exp(a + bt), b < 0
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