Can someone please help me understand what do 'a', 'b', 'c' and 'd' represent in the logistic function? So far, I am only able to understand that 'b' represents 'growth rate', but what do other variables imply. I would be really thankful if someone can help me out understanding this.
Can someone please help me understand what do 'a', 'b', 'c' and 'd' represent in the logistic function? So far, I am only able to understand that 'b' represents 'growth rate', but what do other variables imply. I would be really thankful if someone can help me out understanding this.