Question 1Which of the following examples is/are a sample application of Logistic Regression? (select three)1 pointEstimating the blood pressure of a patient based on her symptoms and biographical data.Customer's propensity to purchase a product or halt a subscription in marketing applications.The probability that a person has a heart attack within a specified time period using person's age and sex.Likelihood of a homeowner defaulting on a mortgage.
Question
Question 1Which of the following examples is/are a sample application of Logistic Regression? (select three)1 pointEstimating the blood pressure of a patient based on her symptoms and biographical data.Customer's propensity to purchase a product or halt a subscription in marketing applications.The probability that a person has a heart attack within a specified time period using person's age and sex.Likelihood of a homeowner defaulting on a mortgage.
Solution
The three examples that are applications of Logistic Regression are:
- Customer's propensity to purchase a product or halt a subscription in marketing applications.
- The probability that a person has a heart attack within a specified time period using person's age and sex.
- Likelihood of a homeowner defaulting on a mortgage.
Logistic Regression is a statistical model that in its basic form uses a logistic function to model a binary dependent variable, although many more complex extensions exist. In these examples, the outcomes are binary: a customer either purchases a product or doesn't, a person either has a heart attack or doesn't, and a homeowner either defaults on their mortgage or doesn't.
Similar Questions
Logistic regression is a .................Select one:a. statistical approachb. probabilistic approach
Logistic regression can only be used when (Select one) A. you have a numerical label and numerical attributes. B. you have a binominal label and numerical attributes. C. you have a numerical label and polynominal attributes. D. the data is from a logistics use case.
logistic regression
Which of the following are true statements? (Select All Correct Answers)A. Logistic Regression is often used for complex regression tasks like estimating portfolio value.B. GLM can be very similar to Logistic Regression or Linear Regression and can be interpreted in approximately the same way.C. Logistic Regression, Linear Regression, and GLM can all work on small data sets .
What type of problems is logistic regression typically used for?Answer choicesSelect only one optionREVISITRegression problemsBinary classification problemsMulti-class classification problemsClustering problems
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