The differential equation dx/dt = x(a - b ln x) where x represents the number of objects
Question:
The differential equation dx/dt = x(a - b ln x) where x represents the number of objects at time t, and a and b are constants, is the model for Gompertz curves. Recall from Section 5.3, "Solutions of Exponential Equations," that Gompertz curves can be used to study growth or decline of populations, organizations, and revenue from sales of a product, as well as forecast equipment maintenance costs. Solve the differential equation to obtain the Gompertz curve formula x = ea/be-ce-bt
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