logistic-regression

Learning objectives: Explain the role of linear regression and logistic regression in prediction. Understand how to encode categorical variables. Questions: 23.6.1. Darlene is a risk analyst who evaluates the creditworthiness of loan applicants at her financial institution. Her department is...

Learning objectives: Explain the role of linear regression and logistic regression in prediction. Understand how to encode categorical variables. Questions: 23.5.1. Clara fits a logistic regression model to her training data that predicts whether a financial transaction is fraudulent. Binary...

Learning objectives: Describe the application of a logistic regression model to estimate default probability. Define and interpret cluster analysis and principal component analysis. Questions: 705.1. Logistic regression is often used to predict whether a loan will default. For example, the...