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TheLogisticGrowthSDE-WelcomeDepartmentof.ppt
References An Introduction to Stochastic Process with Applications to Biology Linda J.S. Allen Stochastic Differential Equations Ludwig Arnold Introduction to Stochastic Differential Equations Thomas Gard The Logistic Growth SDE Motivation In population biology the logistic growth model is one of the simplest models of population dynamics. To begin studying Stochastic Differential Equations (SDE) we begin by studying the effects of adding a stochastic term to well known deterministic models. Terminology Stochastic Process: Let I denote an arbitrary nonempty index set and let {?,U, P} denote
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