The document discusses logistic regression and how it can be used to predict the probability of an event occurring based on predictor variables. Logistic regression models the probability of the dependent variable as a function of the independent variables using a logistic function that results in an "S" shaped curve. The model estimates the coefficients of the independent variables using maximum likelihood estimation.
The document discusses logistic regression and how it can be used to predict the probability of an event occurring based on predictor variables. Logistic regression models the probability of the dependent variable as a function of the independent variables using a logistic function that results in an "S" shaped curve. The model estimates the coefficients of the independent variables using maximum likelihood estimation.
The document discusses logistic regression and how it can be used to predict the probability of an event occurring based on predictor variables. Logistic regression models the probability of the dependent variable as a function of the independent variables using a logistic function that results in an "S" shaped curve. The model estimates the coefficients of the independent variables using maximum likelihood estimation.