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  • Probability e Z/ (1+e Z) Z - 2.6335 + 0.22018 (Avg Monthly Balance in Multiples of 100) 2 So, Z - 0.4317 e Z 0.649404169 Probability 0.39372046 3

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    Videhi Bajaj
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    The document discusses calculating probability using the logistic function. It provides the formula for calculating z and shows examples of calculating z, odds, and probability for different budget values. It also defines odds as the number of favorable outcomes divided by the number of unfavorable outcomes and shows how to calculate accuracy, sensitivity, and specificity from a confusion matrix.

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    The document discusses calculating probability using the logistic function. It provides the formula for calculating z and shows examples of calculating z, odds, and probability for different budget values. It also defines odds as the number of favorable outcomes divided by the number of unfavorable outcomes and shows how to calculate accuracy, sensitivity, and specificity from a confusion matrix.

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    © All Rights Reserved
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    10 views5 pages

    Probability e Z/ (1+e Z) Z - 2.6335 + 0.22018 (Avg Monthly Balance in Multiples of 100) 2 So, Z - 0.4317 e Z 0.649404169 Probability 0.39372046 3

    Uploaded by

    Videhi Bajaj
    The document discusses calculating probability using the logistic function. It provides the formula for calculating z and shows examples of calculating z, odds, and probability for different budget values. It also defines odds as the number of favorable outcomes divided by the number of unfavorable outcomes and shows how to calculate accuracy, sensitivity, and specificity from a confusion matrix.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    Probability = e^z/(1+e^z)

    z = -2.6335 + 0.22018(Avg Monthly Balance in multiples of 100)

    2 So, z = -0.4317
    e^Z 0.649404169
    Probability 0.39372046

    3
    3 Overhead Costs 122308.3
    a. Budget 50 100 200
    Z 0.821 0.021 -1.579
    Odds 2.272771 1.021222 0.206181
    Probability 0.694449 0.50525 0.170937

    b. Probability ( Success = 1) 0.5


    Therefore, Odds 1 Odds = No. Fav Outcomes / No. of Unfavo

    Budget((1.621- Ln(Odds))/0.016)
    Budget 101.3125
    350
    -3.979 Here, Z = 1.621 -0.016(Budget) Z is also Ln(Odds)
    0.018704
    0.018361 Probability = Odds/(1+Odds)

    o. Fav Outcomes / No. of Unfavourable Outecomes


    b Z -1.916 Also, Ln(Odds)
    Odds 0.147195
    Probability 0.128308 Probability = Odds/(1+Odds)

    Predicted 0 Predicted 1
    Actual 0 3871 129
    Actual 1 452 69

    c. Accuracy 0.8714886087
    Senstivity 0.13243762
    Specificity 0.96775

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