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Predictive Modeling with Logistic regression

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  Logistic regression is a statistical method used to analyze and model the relationship between a binary dependent variable and one or more independent variables. It is a type of regression analysis commonly used in machine learning, statistics, and social sciences to predict the probability of a particular event occurring based on a set of predictor variables. In this blog, we will discuss the basics of logistic regression, its assumptions, how to build and evaluate logistic regression models, and its applications in real-world scenarios. Table of Contents: What is logistic regression? Understanding the logistic regression model Assumptions of logistic regression Types of logistic regression Building a logistic regression model Evaluating the performance of a logistic regression model Applications of logistic regression Advantages and disadvantages of logistic regression Conclusion References What is logistic regression? Logistic regression is a statistical method used to model ...

Predictive Modeling with Linear Regression

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  Linear regression is a popular machine learning algorithm used for predicting continuous numerical values. It is a statistical approach to modelling the relationship between a dependent variable and one or more independent variables. In this blog post, we will discuss the working of linear regression, its assumptions, and the different types of linear regression. Working of linear Regression : The basic idea behind linear regression is to find the line of best fit between the independent and dependent variables. This line of best fit is also known as the regression line. It is represented by the equation y = mx + b, where y is the dependent variable, x is the independent variable, m is the slope of the line, and b is the y-intercept. The algorithm works by first plotting the data on a scatter plot to visualize the relationship between the two variables. The goal is to find a line that minimizes the distance between the predicted values and the actual values. This is done by minim...