Examlex
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Natural Logarithm
The logarithm to the base e (where e is approximately equal to 2.718281828), often used in mathematics and engineering.
Logistic Regression
A statistical method used for predicting a binary outcome from one or more predictor variables, modeling the probability of occurrence of an event by fitting data to a logistic curve.
Indicator Variable
An indicator variable is a numerical variable used in statistics that adopts a value of 1 if a certain condition is met and 0 if it is not.
Binomial Probability
The probability of obtaining a fixed number of successful outcomes in a fixed number of trials in a binomial experiment.
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