Binomial Logistic Regression

Binomial Logistic Regression

Binomial Logistic Regression

Description

Binomial Logistic Regression predicts the probability that an observation falls into one of the two categories of the binary dependent variable, based on one or more, categorical or continuous independent variables.

Why to use

Data Classification

When to use

In supervised learning, when you want to predict the probability of an observation belonging to one of the two categories of the binary dependent variable.

When not to use

It should not be used when the dependent variable is continuous.

Prerequisites

It should be used only when the dependent variable is binary.

Input

Any dataset that contains binary, categorical and continuous data, where the dependent variable is binary.

Output

Regression analysis characteristics in the form of Key Performance Index, Confusion Matrix, ROC Chart, Lift Chart, and a Coefficient Summary

Related algorithms

  • Multinomial Logistic Regression

Alternative algorithm

-


Statistical Methods used

  • Sensitivity
  • Specificity
  • F Score
  • Accuracy
  • Confusion Matrix
  • ROC Chart
  • Lift Chart
  • Coefficient
  • Standard Error
  • t test
  • p Value

Limitations

Works satisfactorily for binary classification, but does not give reliable results if used for regression problem.


In Binomial Logistic Regression algorithm, we check whether the observation falls into one of the two categories of the binary dependent variable (like 1/0, True/False, Yes/No, and so on) for a given set of continuous independent variables. Even though the algorithm name contains the word regression, it is not used for continuous variables.

    • Related Articles

    • Regression

      Regression is predictive modeling. It is a statistical method, used in finance, investment, and other disciplines, that attempts to determine the strength and character of the relationship between one dependent variable (usually denoted by Y) and a ...
    • Poisson Regression

      Poisson Regression Description Poisson Regression is a type of linear regression used to model the countable data. Why to use For regression analysis of count data When to use For numerical variables When not to use For textual variables ...
    • Polynomial Regression

      Polynomial Regression Description Polynomial Regression is a supervised learning method in which the relationship between the independent and dependent variables is modeled as an nth degree polynomial. Why to use Predictive Modeling When to use When ...
    • Ridge Regression

      Ridge Regression Description Predict and analyze data points as output for multiple regression data that suffer from multicollinearity by controlling the magnitude of coefficients to avoid over-fitting. Why to use Predictive Modeling When to use To ...
    • Lasso Regression

      Lasso Regression Description Lasso Regression is used to penalize the regression method to select a subset of variables by imposing a constraint on model parameters. Why to use Predictive Modeling When to use For variables having high ...