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Suppose you go to a high school and identify groups of students sitting at different lunch tables.To you it appears that everyone on the football team sits at one table,everyone who gets really high grades sits at another table,everyone who is in the drama club sits at another table,and so on.This outcome could be
Logistic Regression
A statistical model that estimates the probability of a binary outcome based on one or more predictor variables, using a logistic function.
Indicator Variable
A variable used in statistical modeling and analysis that takes on a value of 0 or 1 to indicate the absence or presence of a certain condition or effect.
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.
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