Benjamin Gompertz

Benjamin Gompertz was a British mathematician known for the Gompertz function, which models data that grows rapidly at first and then slows over time. This function is particularly useful in understanding population growth and mortality rates, as it reflects how living organisms tend to grow fast initially and then experience a decline in growth or an increase in mortality. The Gompertz model is widely applied in fields like biology, demography, and finance, helping researchers and analysts predict how populations or investments might develop over time. His work has had a lasting impact on mathematics and its applications in various sciences.