Intro to Demographic Methods
In demographic studies, 'r' represents the intrinsic rate of natural increase, which is the difference between the birth rate and the death rate in a population, expressed as a proportion. This value helps in understanding population growth dynamics, as a higher 'r' indicates a rapidly growing population, while a lower 'r' may suggest stability or decline. It is crucial for survival analysis and probabilistic population forecasts as it influences projections about future demographic changes.
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