I am trying to model the population growth of countries with the following logistic equation:
$$p(t) = \frac{P_oK}{P_0+(K-P_0)e^{(-rt)}}\tag{displayed}$$
Where $p$ = population; $P_0$ = initial population; $K$ = carrying capacity; $r$ = constant; and $t$ = time
I have the data of the population over time and a set carrying capacity. But I would like to know how to go about performing a regression with this function to best fit the all the data I have available.
Preface: I think I may be out of my depth here in the math required but I am very willing to try... and if nothing else it would at least satisfy my curiosity.
Thanks.