1. What kinds of situations call for the use of logistic regression? 2. List three ways in...
Question:
1. What kinds of situations call for the use of logistic regression?
2. List three ways in which logistic regression differs from multiple regression.
3. What is the main difference between simple linear regression and logistic regression?
4. What is an “odds ratio”?
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1 Logistic regression is commonly used in situations where the dependent variable is binary or categorical It is suitable for analyzing and predicting outcomes such as yes or no success or failure or ...View the full answer
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Related Book For 
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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