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Logistic Regression Details Pt1: Coefficients
When you do logistic regression you have to make sense of the coefficients. These are based on the log(odds) and log(odds ratio), but, to be honest, the easiest way to make sense of these are through examples. In this StatQuest, I walk you though two Logistic Regression Examples, step-by-step, and show you exactly how the coefficients are ...
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Wealthiestcorner on Instagram: "Binomial distribution demystified in simple terms. It counts the number of successes in a fixed number of independent yes/no trials, each with the same probability of success. Think of it as perfect for situations like coin flips, product defects, or survey responses where outcomes are binary. One simple example: flipping a fair coin 5 times and finding the probability of getting exactly 3 heads. Mastering this unlocks predictions for countless real-world scenario
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Wealthiestcorner on Instagram: "Binomial distribution demystified in simple terms. It counts the number of successes in a fixed number of independent yes/no trials, each with the same probability of success. Think of it as perfect for situations like coin flips, product defects, or survey responses where outcomes are binary. One simple example: flipping a fair coin 5 times and finding the probability of getting exactly 3 heads. Mastering this unlocks predictions for countless real-world scenario
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