Question
We perform a logistic regression to predict if the whether the users of a magazine renew or not their subscription using the variables gender
We perform a logistic regression to predict if the whether the users of a magazine renew or not their subscription using the variables gender and the number of pages read in the last month. . . Renew: 1 if the customer renew the subscription, 0 if not. Gender: 1 if woman, 0 if man Pages: the average number of pages read per week.
Step by Step Solution
3.54 Rating (164 Votes )
There are 3 Steps involved in it
Step: 1
Why use logistic regression in this context Logistic regression is used when the dependent variable in this case whether users renew their magazine subscription or not is binary 1 or 0 and you want to ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Essentials of Econometrics
Authors: Damodar Gujarati, Dawn Porter
4th edition
73375845, 978-0071276078, 71276076, 978-0073375847
Students also viewed these General Management questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App