In this tutorial we’ll learn about binary logistic regression and its application to real life data. Without any doubt, binary logistic regression remains the most widely used predictive modeling method.
Predictive Analytics – An introductory overview
We’ll begin with an introduction to predictive modelling. We’ll then discuss important statistical models, followed by a general approach to building predictive models and finally, we’ll cover the key steps in building predictive models. Please note that prerequisites for starting out in predictive modeling are an understanding of exploratory data analysis and statistical inference.