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Econometrics II: Logistic Regression

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Mar 26, 2021
19:16

This tutorial explains the basic concept of the logistic regression. The logistic regression is a statistical model derived from the logistic function. Its particularity is that it is based on a binary dependent variable to gives two possible outcomes. The logistic regression is used everywhere; in politics to predict voting outcome, in healthcare to predict the occurrence of a disease, in finance and banking to predict the outcome for the approval for a loan.

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Econometrics II: Logistic Regression | NatokHD