Question: Suppose that a random variable y follows a Poisson Distribution with parameter 1. (a) Compute uy, the mean of the random variable Y. (b) Describe

Suppose that a random variable y follows a

Suppose that a random variable y follows a Poisson Distribution with parameter 1. (a) Compute uy, the mean of the random variable Y. (b) Describe the Poisson Regression model in your own words. (c) Can I use a Poisson Regression model for classification, given a set of covariates X1, ..., X.? Explain. (d) Suppose you want to evaluate the performance of your Poisson Regression model. Which measure of evaluation do you think is the most appropriate? Likelihood, Mean Square Error, Accuracy, RP, R, others? Explain

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!