A Gompertz curve or Gompertz function, named after Benjamin Gompertz, is a sigmoid function. It is a type of mathematical model for a time series, where growth is slowest at the start and end of a time period. The right-hand or future value asymptote of the function is approached much more gradually by the curve than the left-hand or lower valued asymptote, in contrast to the simple logistic function in which both asymptotes are approached by the curve symmetrically. It is a special case of the generalised logistic function.
Read more about Gompertz Function: Formula, Example Uses
Famous quotes containing the word function:
“To make us feel small in the right way is a function of art; men can only make us feel small in the wrong way.”
—E.M. (Edward Morgan)