For the logistic regression model with 3 0, show that (a) as x , (x) is monotone increasing, and (b) the curve for (x) is the cdf of a logistic distribution having mean and standard deviation ( 3 ) ...

For the logistic regression model with 3 > 0, show that (a) as x , (x)

Question:

For the logistic regression model with 3 > 0, show that (a) as x → ∞, π(x) is monotone increasing, and (b) the curve for π(x) is the cdf of a logistic distribution having mean – α/β and standard deviation π/(|β|√3/).

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

Fantastic news! We've Found the answer you've been seeking!