Why is the logistic trend model a more realistic depiction of growth reality compared to the exponential growth curve in most tourism destinations?
Because the logistic model can be approximated using linear regression, but the exponential model can not
Because logistic measure takes the maximum capacity into account while the exponential growth has no cap
Because in the logistic model we can use logarithm to transfer it into linear function whereas in the exponential model logarithmic transformation is not possible
Because the logistic model is a logarithmic function while exponential model cannot be written in form of logarithmic model
Because in the exponential model we can use logarithm to transfer it into linear function whereas in logistic model logarithmic transformation is not possible