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What is logistic regression? State an example where you have recently used logistic regression.

Answer»

Logistic Regression is also KNOWN as the logit model. It is a technique to predict the binary outcome from a linear combination of VARIABLES (called the predictor variables). 

For example, LET us say that we want to predict the outcome of elections for a particular political leader. So, we want to find out whether this leader is going to win the election or not. So, the result is binary i.e. win (1) or loss (0). HOWEVER, the input is a combination of linear variables like the money spent on advertising, the past work done by the leader and the party, etc. 



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