- What are some real life examples of logistic regression?
- What is logistic regression used for example?
- What are some applications of linear regression?
What are some real life examples of logistic regression?
Logistic regression is an example of supervised learning. It is used to calculate or predict the probability of a binary (yes/no) event occurring. An example of logistic regression could be applying machine learning to determine if a person is likely to be infected with COVID-19 or not.
What is logistic regression used for example?
For example, a logistic regression could be used to predict whether a political candidate will win or lose an election or whether a high school student will be admitted or not to a particular college. These binary outcomes allow straightforward decisions between two alternatives.
What are some applications of linear regression?
Linear regressions can be used in business to evaluate trends and make estimates or forecasts. For example, if a company's sales have increased steadily every month for the past few years, by conducting a linear analysis on the sales data with monthly sales, the company could forecast sales in future months.