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In Your Own Words, Describe What a Logistic Regression Is

question 45

Essay

In your own words, describe what a logistic regression is. What is the goal of a logistic regression and what do the axes in the plot represents conceptually?


Definitions:

Average Cost

This is the total cost of production divided by the number of goods produced, also known as the cost per unit.

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A book that has sold a significant number of copies, making it highly popular and widely read.

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