Does the Gompertz model is used for exponential growth or decay?

Question:Does the Gompertz model is used for exponential growth or decay?

Posted: ANANDMUNAGALA 175 Product: Maple 17

October 08 2013

Good morning Sir,

The output of Gompertz Model is showing exponential decay values but it is stated that

it is on of the exponential growth models. Please clarify this ambigity. The following problem is one such example

Fit a Gompertz growth model to the following data

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