The best explanation for why the population stabilized is that the population size became limited due to factors such as availability of food. As the population of chipmunks increased, the availability of resources became limited, and the competition for resources increased. This eventually led to a decrease in the growth rate of the population until it stabilized at a certain level that the environment could support. This is a common phenomenon in ecological systems, where the carrying capacity of an environment limits the population size of a species.
Hope that helps! Good luck! :)