Contributed by: Prashanth Ashok Regression is defined as a statistical method that helps us to analyze and understand the relationship between two or more variables of interest. The process that is adapted to perform regression analysis helps to understand which factors are important, which factors can be ignored, and how they are influencing each other. […]
What is Regression? Definition of Regression [Updated] 2024 Read More »
Multinomial Logistic Regression is similar to logistic regression but with a difference, that the target dependent variable can have more than two classes i.e. multiclass or polychotomous. For example, the students can choose a major for graduation among the streams “Science”, “Arts” and “Commerce”, which is a multiclass dependent variable and the independent variables can
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In every algorithm of machine learning, there is an approach that is unique yet easily interpretable. Logistic regression is one such algorithm with an easy and unique approach. It is very often used in the credit and risk industry for its easy intuition on predicting the chances of default and risk cases. It is indeed
Logistic Regression With Examples in Python and R Read More »
