This page explains the parameters in the model.
Logistic function - Wikipedia, the free encyclopedia
I just have an analytical question about logistic models.
Concerning the formula dP/dt = kP(1 - P/L):
As t increases, the function approaches L, but why is there an extra P term ("kP")??? It seems that the function would have the same behaviour without it.
This page explains the parameters in the model.
Logistic function - Wikipedia, the free encyclopedia