Application of the Logistic Growth Model: Estimation of Livestock Population in Mongolia

Ch. Battuvshin, N. Tungalag, N. Sonintamir, R. Enkhbat

Abstract


We propose the logistic growth model to predict number of livestock in Mongolia. For this purpose, we estimate its parameters based on data retrieved from National Statistical Office of Mongolia for period of 2004-2013. Once parameter estimates are made, we apply those parameters into the model.


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