The logistic growth model assumes that a population N(t) of individuals, cells, or inanimate objects grows or diffuses at an exponential rate until the approach of a limit or capacity slows the growth, producing the familiar symmetrical S-shaped curve. This model can be expressed mathematically by the following ordinary differential equation (ODE) which specifies the growth rate as a nonlinear function of :
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While can be easily seen in a graph, and cannot. Accordingly, we replace them with two related metrics, the midpoint and growth time. We define the growth time, , as the length of the interval during which growth progresses from 10% to 90% of the limit . Through simple algebra, the growth time is . We define the midpoint as the time where . Again simple algebra shows , which is also the point of inflection of , the time of most rapid growth, the maximum of .
The three parameters , , and define the parameterization of the logistic model used as the basic building block for Loglet analysis