Question: Explain the logit split model by writing down the formula and noting all the specifications in the formula. Briefly explain the advantages of logit model.

Explain the logit split model by writing down the formula and noting all the specifications in the formula. Briefly explain the advantages of logit model.

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Logit Model Formula The logistic model is often represented using the logit function The logistic function also known as the sigmoid function transfor... View full answer

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