Deterministic and Stochastic Models-Population Growth Models Population Models

The country needs to plan its present as well as future activities for the development of the country to grow socially as well as economically. For this planning, population projection provides the estimated population. Population directly depends on the number of births, deaths, and migration, so time-to-time determination is required. Mathematical analysis has been done for showing the rapid growth population. Deterministic and Stochastic models are considered because of the data available. The study shows the growth of the population with the help of mathematical models graphically. It can integrate for different investigations, assessment of the relative of different sorts of planning/project impacts, and supporting management decisions that put limited resources in redressing venture impacts that considerably impact the population.