SIGMOID CURVE
By Staff Reporters
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DEFINITION
The S curve refers to a chart that is used to describe, visualize, and predict the performance of a project or business overtime. More specifically, it is a logistic curve that plots the progress of a variable by relating it to another variable over time.
CITE: https://www.r2library.com/Resource/Title/0826102549
The term S curve was developed as a result of the shape that the data takes. Projects on the S curve often experience a slow growth at the beginning, rapid growth in the middle, and slow growth and at the end. The maximum point of acceleration is called the point of inflexion. It is at this point that the project or business returns to the initial slow growth it started from.
MATH PROOF: https://mathworld.wolfram.com/SigmoidFunction.html
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Filed under: "Ask-an-Advisor", Career Development, Glossary Terms, Health Economics, Information Technology, Insurance Matters | Tagged: performance over time, S curve, S curve projects, S logistics chart curve, S logistics curve, Sigmoid Curve, Wolfram Alpha |
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