Step 1 :The initial population size can be found by substituting \(t=0\) into the function \(P(t)\).
Step 2 :\(P(0)=\frac{2000}{1+7 e^{-0.26 \times 0}} = 250\) fish
Step 3 :The population size after 8 years can be found by substituting \(t=8\) into the function \(P(t)\).
Step 4 :\(P(8)=\frac{2000}{1+7 e^{-0.26 \times 8}} = 1067\) fish
Step 5 :Final Answer: The initial population size of the species is \(\boxed{250}\) and the population size after 8 years is \(\boxed{1067}\).